All Posts Tagged With: "tax haven"

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Feds Begin Buying U.S. Treasuries Bonds

Do you remember how it works, dear reader? When you buy a U.S. Treasury bond, you pay for it with real money – or, at least as real as dollars get. Money changes hands. No net increase in the money supply. But when the Fed buys a Treasury bond it creates the money to buy it…and thus the money supply increases.

March 26th, 2009 | Bill Bonner | 1 comment | Continued
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