Legal Issues When Planning Events
These days, enterprise is being carried out outside the 4 walls of your company office. This pressured state governments to spend rather more on special schooling, which led them to demand that the federal government provide the money needed to adjust to this federal mandate, which led Congress to supply both extra money and more federal regulation, which led to more litigation and more federal necessities, which led to state calls for for even more cash, and so on. This is a vivid illustration of how separation of powers and federalism can produce not gridlock, however a game of institutional leapfrog that ends in a gentle enlargement of presidency applications.
So, the sale of the securities simply transfers money already in existence on the banks to the Treasury’s accounts. Again the securities for banks holding them with money created out of skinny air. Anyway, the point is, Pjmeli, you have not counted the cash the Treasury received from banks, after the Fed has restored the money plus the interest on the banks. All those Tsecurities bought by the Fed from banks in QE also have eradicated the federal government’s debt to the banks for them.
In this way, history helps …
