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A comment on MicroStrategy Adopts Bitcoin as Primary Treasury Reserve Asset. Parent comment

Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ... by mrfredward on Tuesday August 11, 2020 @11:04AM (#24121028)
The Fed just buys debt...the closest thing to giving away money they can do is nudge someone's interest rates lower or make a loan easier to get.

Congress decides how the money is distributed when they're spending it.

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Re:MicroStrategy Adopts Bitcoin as Primary Treasury Reserve ... by mac01021 on Tuesday August 11, 2020 @01:33PM (#24123084)
Congress created the Fed and gave it what powers it has. They (assuming a consensus among legislators) could totally have given it a different mechanism for controlling the money supply. Even one that culminated in a check being mailed to every citizen.
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