> created in credit transactions Yes, this is more true. Though in my mind, when the Fed does it, it kinda feels like it's minting money. But my analogy doesn'

> created in credit transactions Yes, this is more true. Though in my mind, when the Fed does it, it kinda feels like it's minting money. But my analogy doesn't hold. What triggered me is the "big govt just printing money" trope. As though there's printing presses somewhere spewing currency, worth less than the paper it's printed on. Yet another tedious zombie idea.