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It means, sorry that I have to tell you simple things, that printing money do not increase societal wealth; it is actually destructive. When Fed prints money bills and lend them to banks and they return them back later on, no one makes 'profit'.>
>Why the fixation on printing money? Even if the TARP money was "printed" rather than handled as a deficit, if the money is *returned* along with *additional* dividends and interest, why isn't the profit a profit? If the money was printed and the Feds decided to burn it in a big bonfire, do you presume that the profit will vanish too? And as I've already asked: If all or most of the money is eventually returned along with dividends and interest, will you still deny that there is a profit or are you willing to change your mind?
Look what you wrote: "Even if the TARP money was "printed" rather than handled as a deficit". Do you understand what you wrote? So you believe that if money was printed that it is not a deficit anymore. Do you have any background in economics?
Edward Pikman
Independent Consultant