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aaronblohowiak
on April 9, 2020
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Fed to buy junk bonds, lend to states in fresh vir...
Why do you think the tax payer is on the hook? Where do you think the Fed’s money comes from?
The fed’s balance sheet impacts people who hold dollars, not people who pay taxes.
OscarCunningham
on April 9, 2020
[–]
Even then it only impacts them to the extent that it causes inflation, which at the moment it's failing to do.
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The fed’s balance sheet impacts people who hold dollars, not people who pay taxes.