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Government run "anything"......
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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 1634442" data-attributes="member: 44954"><p>Printing money is just an analogy, it's a virtual printing press. </p><p>They "print" money by lowering interest rates and buying bonds, which theoretically injects money into the economy because banks have more to lend. They think they can reverse this by raising interest rates, and forcing banks to buy bonds when they want less liquidity. Of course it's way more complicated than that and mostly over our heads. Bottom line is our money is based on nothing and a select few tinker with it. </p><p>The chairman of the federal reserve is arguably one of the most powerful people in the world.</p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 1634442, member: 44954"] Printing money is just an analogy, it's a virtual printing press. They "print" money by lowering interest rates and buying bonds, which theoretically injects money into the economy because banks have more to lend. They think they can reverse this by raising interest rates, and forcing banks to buy bonds when they want less liquidity. Of course it's way more complicated than that and mostly over our heads. Bottom line is our money is based on nothing and a select few tinker with it. The chairman of the federal reserve is arguably one of the most powerful people in the world. [/QUOTE]
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