4 ms·
Federal Reserve does not issue cash, that is the job of the Treasury Department.
by yardie 11y ago
Federal Reserve does not issue cash, that is the job of the Treasury Department.
- Kinnard 11y agoIssuance and printing are distinct operations. Federal Reserve Notes are in fact issued by the Federal Reserve, and printed by the Bureau of Engraving and Printing, which is a part of the Treasury[1]. [1] http://economics.stackexchange.com/questions/8320/how-and-when-is-m0-money-created http://economics.stackexchange.com/questions/8320/how-and-wh...