Quote:
Originally Posted by Phanuthier
Just until you find some proof of it or offer an explanation to me of the process. From what I read, there is a trade of assets and debt, and a good portion of this will come in inserting credit into the market. Not all $700B is going to be printed money. From what I read, there is aboutt $800B ($792.2B of last count) cash in circulation in the USA, suddenly printing $700B would basically cut the value of every single USD in half... so I'm pretty sure you are wrong.
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Wouldn't it just be by making more money available? I don't think the sum total of all money in the US "system" (whatever system means) is $800B, just the amount of physical dollar bills.
The US GDP is $13 trillion.