The Evil Fed prints money to give themselves power
Though the U.S. central bank isn’t responsible literally for printing money And the responsibility falls under the domain of the U.S. Treasury Department, they have a monopoly on money supply and generate fake demand or the lack of it
Coins come from the U.S. Mint, and paper currency is produced at the Bureau of Engraving and Printing. The Treasury overseas both entities.
But the Fed does have a hand in circulating that currency once it’s printed. First, it distributes that money to banks. Second, it can choose to take bills directly out of circulation when they appear to be too old or worn out – or even counterfeit, according to the St. Louis Fed.
The Fed also directly manipulates the amount of money in circulation through its open-market operations. Here, the Fed can add money – or take money away – by buying or selling U.S. Treasury securities and other financial instruments. The Fed pays for those securities by crediting funds to the reserves that banks hold in accounts at the Fed. Consequently, that influences “how much banks are willing to lend, which in turn determines the volume of bank deposits held by the public,” the St. Louis Fed reports.
The Fed can also serve as a “lender of last resort,” providing credit to banks or other financial firms experiencing financial distress and teetering on the brink of collapse. In a sense, those loans have a lever on the money supply as well, giving banks the ability to offer more funds to consumers.
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