

Thanks for reply. Im not familiar with this, but, it sounds like it is sort of a closed loop, and changes to money supply are only temporary. Money supply is used to buy treasury bills, they or not considered money supply, so it reduces, until they are turned back into money. Oh, I suppose the interest on the treasury is the new money the national bank must create, in order to pay the investor. That’s new money.
Is that right… on the money? (Sorry)


This is why the rich need to be taxed.