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View Diary: Money-saving Suggestions for Congress to Consider (96 comments)

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  •  Yes, but it helps to also be able to undercut (2+ / 0-)
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    Lujane, JerryNA

    deficit hysteria.

    And go directly to the major sources of the inequality of expectations of We The People vs. Banks.

    The banks get free reserves from the Fed Reserve all the time, in it's role as lender of last resort.  If the fed didn't do this, then our financial markets couldn't work in the way they do.

    When it comes to We The People, we're all of a sudden out of the numerical system out of which free liquidity points are given to the banks as a matter of policy.

    It seems only the Public Deficit matters, even though We The People create free liquidity points out of thin air, and so can never go broke.

    Private debt?  That's no problem.  We can always afford more.

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