[thoughtstheseus]

I’m not an expert in this area but I don’t think the fed funds operations by printing money. They issue debt which people exchange for money.

Although lately the fed just buys that debt back with printed money so...

[mylons]

They create money via debit issuance. You’re not wrong, but they in fact just created 3T+ dollars that kinda went everywhere unaccounted for.

It’s just easier to say they can print money because the common man doesn’t quite understand how debt translates into new money.

[quxpar]

You're like halfway through the expanding-brain meme. It ends with 'actually, they just add a few zeroes to a few balance sheets, printers don't need to be involved'. All this theory around debt is a rationalization of the money printer.

[thoughtstheseus]

Or cut off a few zeros and slap on a new name like Iran just did.

[mylons]

Haha o/