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by rmah
2175 days ago
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We were discussing the fed handing out money to consumers, not the US Treasury. Tax dollars (which is what I assume you meant by "the money will just return to the treasury") do not go to pay for fed operations. And the fed's balance sheet is distinct and separate from the US federal government's balance sheet. My point stands, a handout to consumers would be a 100% loss for the Fed. |
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