Posts Tagged ‘Debit-Credit’
We are often told that the Fed prints money, while the Treasury can only borrow. Yet, this statement is inaccurate.
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By: Andrea Terzi
You may think that the Fed, the central bank of the U.S., has complete control, or at least some control of how many banknotes circulate in the economy. The fact is that the Fed has no power in this.
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