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The Fed doesn't print money, and the fact that so many people on HN repeat that falsehood is just sad. The Fed expands the money supply through the banking sys
by SantalBlush 5y ago
The Fed doesn't print money, and the fact that so many people on HN repeat that falsehood is just sad. The Fed expands the money supply through the banking system, and they also decrease the money supply the same way. It is entirely different from printing money.