Warning! YOU MAY NOT WANT TO WATCH THIS... The Truth Behind The World Financial System. Mannarino
From Greg M
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You're correct, I don't want to watch that video. So I didn't.
Please help me understand, is this how it works?
"Money printing"
- Congress passes a large spending bill
- The US Treasury issues bonds to be sold to raise the necessary funds
- Bond brokers like Black Rock handle and offer these bonds for sale on the "market"
- The Federal Reserve buys these Treasury bonds from the brokers with newly created dollars
- The brokers invest these newly created dollars in the stock market, keeping the market inflated
- Eventually the newly created dollars result in higher prices - inflation
Is this about right? Thank you