tag:blogger.com,1999:blog-11906042.post3753050592702660098..comments2024-03-30T00:09:27.602+13:00Comments on Not PC: KRIS SAYCE: How to Pay Off Your Debt–US Government StylePeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-11906042.post-46050309487288963212010-08-12T08:20:20.567+12:002010-08-12T08:20:20.567+12:00"So, the Fed just clicked a button and voila!..."So, the Fed just clicked a button and voila! There’s a cool trillion or so dollars."<br /><br />Can anyone explain to me why this isn't fraud?<br /><br />On a more serious, and mundane, note, since the Treasury prints money, can you clue me in to how the Fed buys stuff with fiat money created?<br /><br />Not challenging you here; genuinely looking to get a little education.Jeffrey Perrenhttps://www.blogger.com/profile/11841019772535869442noreply@blogger.com