I have made a good-faith effort to substantiate GP's comments and been completely unable to do so. Meanwhile, on Investopedia, the article "How the Federal Rese

I have made a good-faith effort to substantiate GP's comments and been completely unable to do so. Meanwhile, on Investopedia, the article "How the Federal Reserve Creates Money" directly contradicts GP's claim that the Fed doesn't create money: https://www.investopedia.com/articles/investing/081415/understanding-how-federal-reserve-creates-money.asp https://www.investopedia.com/articles/investing/081415/under... > Printing money is the job of the Federal Reserve, but only figuratively speaking. When the Fed decides to stimulate the economy by pouring more money into the system, it electronically transfers additional credits to the deposits of its member banks. The banks lend that money out to consumers and businesses at a profit, putting the money into general circulation.