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For a long time, dollars were almost exclusively created by banks. The only other way is for The Fed to monetize the Federal Government's deficit spending. Th
by onlyrealcuzzo 5y ago
For a long time, dollars were almost exclusively created by banks.
The only other way is for The Fed to monetize the Federal Government's deficit spending.
This didn't regularly happen until 2008 - but I'm skeptical that the genie will ever be put back in the bottle.