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The Fed's Secret Weapon
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08-17-2007, 03:23 PM
Exsubmariner
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Join Date: Oct 2004
Location: Doing It Deeper
Posts: 2,510
Re: The Fed\'s Secret Weapon
I think answering the 1st question answers the second.
Reissuing the dollar would destroy the value of large hoards of cash, effectively lowering the money supply.
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