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> There's a simple reason the Fed doesn't clear up this confusion... There is no confusion, the term is called "monetizing debt" where they create 'money' out
by UncleEntity 6y ago
> There's a simple reason the Fed doesn't clear up this confusion...
There is no confusion, the term is called "monetizing debt" where they create 'money' out of thin air to buy government debt from banks who then use this money to create even more money via fractional reserve lending.
- jbverschoor 6y agoYou mean unlimited, as the reserve requirements are 0%