When you write, "Fed" are you referring to "Federal Government" or "Federal Reserve". You know there not the same thing right?
Many people assume the Federal Reserve is part of the Federal Government....this is false...
When you write, "Fed" are you referring to "Federal Government" or "Federal Reserve". You know there not the same thing right?
Many people assume the Federal Reserve is part of the Federal Government....this is false...
Yes, I did know that. Your own quote states "...while the government keeps the printing presses busy". I thought that I would talk about the topic at the same level as your were presenting it instead of being pedantic about nuances that aren't pertinent to the discussion. Also, "Fed" always means "Federal Reserve".