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I just want to check if my understanding of the reserve requirement is accurate. When the Fed buys an asset from banks or government debt it creates however much money in the form of reserves. So the money supply should be potentially inflated by 10 times the Fed's purchase because of fractional...
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Well, for one thing, while for higher order trades gold functions quite well, I don't know of any period of history where silver did not circulate alongside gold as money, despite the efforts of governments to fix their relative values, to base the system on gold only, or what have you. I generally...
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Ok So the FED has increased the monetary base by 76% (added about $2T) but this $$ hasn't yet really "hit the streets" it is frozen due to banks not trusting each other etc etc yada yada. I have opened this discussion to make a few points, hopefully get some feedback, and to hear others...