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by FreeHugs 1183 days ago
Not by the definition of money I am using when I refer to "the money supply" or the term "printing money".

I am referring to sum of money the FED has created.

1 comments

There is always two sides to money. The fed pays government workers, the other side is the worker’s labor. Fed buys bonds, the other side is the bond. Fed sells a bond, it destroys the money it receives back. fed buys gold, the other side is the gold. the other side is as much responsible for the money creation as the fed. Fed doesn’t unilaterally create money.