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0 pointsAnon10966y ago0 comments

The Fed doesn't control the money supply. That's the job of the Treasury.

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By controlling the amount of loans made to banks, the Fed controls the money supply. Money is created out of thin air (without a printing press) by issuing new loans, which is what the Fed does.

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0 pointsAnon10966y ago0 comments

The Fed doesn't control the money supply. That's the job of the Treasury.

0 comments

davidgh6y ago

By controlling the amount of loans made to banks, the Fed controls the money supply. Money is created out of thin air (without a printing press) by issuing new loans, which is what the Fed does.

j / k navigate · click thread line to collapse