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neximo64
on May 1, 2023
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JPMorgan Chase Bank Assumes All the Deposits of Fi...
Only the Fed can print money
senectus1
on May 1, 2023
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The fed allowing banks to run fractional reserves is licensing the banks to print money on their behalf.
bilekas
on May 1, 2023
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Paper money only makes up around 10%. But it's just an expression to "print money"
kd5bjo
on May 1, 2023
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If you’re talking about actual paper money, that’s the Bureau of Engraving and Printing, not the Fed.
neximo64
on May 1, 2023
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The treasury physically prints it, but to get the money to exist in the first place comes from the Fed via credit.
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