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| mikejohnson | Posted: Apr 18, 2011 - 22:27 |
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 Level: 1 CS Original | Could the Federal Reserve ever go bankrupt literality run out of money my guess is no since they can just print more Money if they ever run out ? | |||||
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| The Real Roxette | Posted: Apr 18, 2011 - 23:05 |
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 There ARE more sluts in public schools. Shut up and let me explain. Level: 8 CS Original | It doesn't really work that way. Only a fraction of the money is actually printed, and it's printed by the treasury, not by the federal reserve. Most of it exists electronically so it's far easier to control and far harder to create inflation. It's easier to retract bits than paper. There's no 'bankrupt' for it either, and there's congressional oversight, though in direct, so they can't do whatever they want. | |||||
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