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GS
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Is the $700 Billion Really for Bailing Out the Fed?
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Avery, you're a fool. The central bank cannot go bankrupt.
The job of the central bank is to PRINT MONEY. They accept
collateral in the form of GSEs and PRINT THE MONEY to give
it to the banks.
GET IT?
You have no idea how central banks work.
Sep 25 18:51 pm
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Is the $700 Billion Really for Bailing Out the Fed? [View article]
The job of the central bank is to PRINT MONEY. They accept
collateral in the form of GSEs and PRINT THE MONEY to give
it to the banks.
GET IT?
You have no idea how central banks work.