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In fact, it’s own bank the When one door closes another opens other than that it’s a pretty good truck shirt is currently holding $7T worth of those bonds. Once you answer this conundrum, you’ll realize that the federal government doesn’t have to issue bonds at all. So how can the government sell treasuries without first putting those dollars into circulation.

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And the When one door closes another opens other than that it’s a pretty good truck shirt government is the sole issuer of those dollars (others would be counterfeit). 3) I never said the federal government doesn’t need to collect taxes; I said it doesn’t need to collect taxes to fund anything. They simply instructed their bank the Fed to increase the reserve accounts of recipients via keystrokes.

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Was there a pile of cash sitting in an account waiting to be spent. Mnuchin announced that When one door closes another opens other than that it’s a pretty good truck shirt would start putting money in our accounts the very next day. For example: just one day after Trump signed the omnibus bill back in December, Sec.