@eseven Sorry, I knew that. Sometimes its all the same. Red m&m, blue m&m....
So basically buy buying & selling bonds, they are directly affecting the money supply, with expansionary or contractionary monetary policy?
@eseven
Not sure I follow. Either they are getting $ in return for the bond or they are not selling the bond.
So if they issue bonds, they are not issuing debt?
If they had $1000 bonds outstanding and issued $100 more, wouldnt they have $1100 debt?