Quote:
Originally posted by Yakk
Money is not physical cash, even though physical cash is money. You don't play games with the money supply of a modern industrialized nation by using a printing press. Money supply is typically manipulated by changing the interest rate charged to the banks when they "borrow" money from the central bank (note, however, the central bank doesn't have the money until it is borrowed. The numbers are simply pulled out of the ether, and interest is charged on them.)
This is all first year economics stuff mate. I was giving you the benefit of the doubt, but you really do seem to think that they are literally "printing up money", which is a cute belief. Read a book on the subject, things might not be a simple once you understand it, but you'll sound less silly.
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Oh really....
Perhaps you should read this mate.....
http://www.smh.com.au/articles/2004/...151209953.html