I don’t know, or said another way, I cannot imagine as
trying to understand where all that money comes from. I might as well try to
estimate the grains of sand on a beach—or all beaches wherever they may be and
for whatever the tide, time of year or any other variations may bring.
Who knows where all this money comes as unceasing, unlimited
and, as it is, unfathomable?
But what is money really?
We know it’s a finely printed paper and that it is exchanged for goods
and services. We also know that
without money, one cannot seemingly survive.
Maybe it’s true that love makes the world go round but it sure seems
as the it’s money….
The FED is said to the lender of last resort; that
when/as (and always), the state wants for money that The FED is there to save
the day—buying treasuries and more (bonds, mortgages, etc.)
In his book, Anatomy of the State, Murray Rothbard
describes money as the “command post of the economy and society”—the modern
monopoly of the state.
But back to The FED and money, the central question, “Where
is does it all come from?”
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