Quote from morganist:
martinghoul it wasn't a genuine question. it was a sarcastic rhetorical question making sure i understood what the op was saying, it wasn't my position i was trying to clarify the op's position.
i understand the central banking system. i understand how they issue money and bonds. what i was confused about is the terminology used in some of those posts. when people are talking about purchasing the bonds or selling the bonds are they in actuality trying to talk about open market operations or have i misunderstood (or more importantly have they misunderstood).
