Y
HN Search
Hacker News Search
new
|
comments
|
top
|
jobs
3009629147
searching PlanetScale…
1.
▲
2.
▲
3.
▲
4.
▲
5.
▲
6.
▲
4 ms
·
1.
▲
by
3009629147
5y ago
I respect Michael Hudson but he is slightly wrong here. They can also buy U.S. stocks like the Swiss Central Bank does. [1] [1] https://sec.report/Document/0001582202-21-000003/?__cf_chl_j...
2.
▲
by
3009629147
5y ago
Please note: most (±95%) of the U.S. money supply is not created by the Federal Reserve, but by the U.S. commercial banks as deposits when they make loans. [1] Alternatively you can read the Bank of England report on Money creation. [2] It&