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Originally Posted by duga
I didn't say they were...but they do influence the amount of money in circulation and subsequently inflation...which in turn influences the loans people need and the amount of debt we have.
You really aren't doing much to show me how a central bank is actually a good thing, nor showing me how they don't produce a ton of our national debt.
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Yeah, you've never stated it was loaning from the Fed......
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Anytime the Fed puts more money into circulation, it is through a loan. A loan the American people have to pay back. This results in a higher national debt.
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More money is put into circulation based solely off "borrowing" from the Fed.
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If I have to explain how borrowing money from the Fed increases the national debt (they don't just give it out for circulation)
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You really mix yourself up sometimes, and it's starting to mix me up. I can't tell if you are referencing the national debt of the government or debt of the American people?