Lord Tan
2022-06-23

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • HilaryWilde
    2022-06-24
    HilaryWilde
    Your post is very informative, thanks for sharing.
  • Lisa688
    2022-06-23
    Lisa688
    好👌谢谢分享
  • BurnellStella
    2022-06-25
    BurnellStella
    Maybe you think too bad of them.
  • EvanHolt
    2022-06-25
    EvanHolt
    You have a unique point of view.
  • cutemiao
    2022-06-23
    cutemiao
    Thanks for sharing
  • Maky
    2022-06-23
    Maky
    Thanks for sharing
Leave a comment