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The government does not print money, the federal reserve do
Will china send in debt collectors?
Originally posted by ZeroReady
reply to post by Rockdisjoint
Pretty sure the Federal Reserve is a private bank, not part of the govt. More money would create inflation but the govt doesn't really have much to do with it, the way I understand it.
Originally posted by guessing
China will just call in the debt.
They will take land owned by the USA.
The Fed doesn't print money. That's the job of The Department of the Treasury. Dept of Treasury owns and oversees all the mints.
Greenspan Admits The Federal Reserve Is Above The Law & Answers To No One