It absolutely does not. Have you heard of the QE\* programs from the Fed? | Hacker News

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walkon on July 21, 2011 | parent | context | favorite | on: US debt visualized

It absolutely does not. Have you heard of the QE* programs from the Fed?

chrismealy on July 22, 2011 [–]

If the Fed buys bonds it's paying cash for them. Net savings doesn't change. It's just changing the duration of the savings.

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