The Fed is not printing money. The Fed is incapable of printing money. The Fed creates Bank Reserves. Bank Reserves are not legal tender, and cannot be spent in

The Fed is not printing money. The Fed is incapable of printing money. The Fed creates Bank Reserves. Bank Reserves are not legal tender, and cannot be spent in the economy directly. Reserves are used to create loans, which creates money. If you want to know what happens to the money created by large institutions, look at a chart of any major index from 2012 onwards........