Jul 9 2009
Where does the money go that the government gets from selling bonds?
- 1 Comment
When the government sells bonds why does this decrease the money supply? Is it because they are receiving money from securities dealers and keeping that money as reserves? Also, does the government pay interest to the dealers that buy their bonds?
Sphere: Related Content1 Comments on this post
Trackbacks
-
Go Cubs Go said:
It goes into the general fund.It is the interest that decreases the supply.
July 9th, 2009 at 1:35 pm
