The Fed is not printing money. The Fed is incapable of printing money. The Fed creates Bank Reserves. Bank Reserves are not legal tender, and cannot be spent in the economy directly. Reserves are used to create loans,…
The Fed is not printing money. The Fed is incapable of printing money. The Fed creates Bank Reserves. Bank Reserves are not legal tender, and cannot be spent in the economy directly. Reserves are used to create loans,…