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<p>[QUOTE=&quot;HawkeEye, post: 2730471, member: 86305&quot;]Well, actually the money supply is controlled by the FED.&nbsp; The FED is only a quasi government agency and is owned by the member banks (stock ownership).&nbsp; The Board of Governors controls the money supply through open market operations and do so to regulate inflation and stability.&nbsp; That is why back in 2008 they could pump liquidity into the system by buying all the paper the government wanted to print, and by printing all the Federal Reserve Notes they needed to do so.&nbsp; You have read recently that they want to unwind the paper they bought, which they do as the economy grows by pulling money back out of the system and controlling inflation.[/QUOTE]</p><p><br /></p>

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