When the Fed ‘creates money’ or as we say ‘prints money’ it is by buying Federal bonds from banks, no? Then the bank’s account is credited and it has more rese

When the Fed ‘creates money’ or as we say ‘prints money’ it is by buying Federal bonds from banks, no? Then the bank’s account is credited and it has more reserves. It is when total accounts at Federal reserve expand that base money has expanded. Similarly it contracts when the Fed sells bonds to banks. It is always tied to bonds from which returns are expected.