freejulian85

18 ms·

1. 31.▲
   by freejulian85 7y ago

   The money which the fed gave to the banks did not previously exist. The fed increased the balance sheet of the banks to indicate they had cash they would not otherwise have had. Fits my definition of “printed.”
2. 32.▲
   by freejulian85 7y ago

   The money absolutely impacts the economy and the individual. If the fed were not providing this printed money to the banks, the banks would need to do some combination of the following to increase liquidity: 1) Increase interest rates to at
3. 33.▲
   by freejulian85 7y ago

   I didn’t realize it was possible to be so wrong.