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<p>[QUOTE=&quot;mikem2000, post: 2209698, member: 30574&quot;]That is not exactly true, while I agree that new loans DO create money, it is much different that QE, because as that money is paid back, it is destroyed, keeping things &quot;more or less&quot; at a status quo. It is NOT expanding the money supply.&nbsp; QE was expanding the money supply, and that money can only be destroyed if it is removed from the system.[/QUOTE]</p><p><br /></p>

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