re: #27 Alexzander

re: #23 Killgore Trout

I wish I understood banking better. I have no idea what that means.

Well, I’ll give you my childish understanding of it: The The Federal Reserve (which is technically a private bank) tells the Treasury Department to print money and issue bonds. The Fed then takes the money and uses it to buy Treasury Bonds. It’s like some sort of bizarre financial MC Escher-like daisy chain. It’s very weird.