Stiff Usd
Stiff Usd
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Why did the Fed print a trillion dollars for banks yet refuse to print a trillion to pass out to the public?
Afterall, if they are going to reduce the USD to monopoly money why not give working stiffs something to kindle their firewood with?
In all honesty banks are the only institutions that can create money. It's basic economics. Banks loan out money. The interest those loans generate (to other banks, businesses, and consumers) create money. It's the only way money is really created (investing doesn't create money because the money from the investment came from somewhere else and the company has to borrow money from banks to grow or expand because the investments from stockholders barely covers the day to day operations of the companies). Unfortunately this also leads to inflation. See the current administration and Congress seem to think that by flooding the markets with dollars...this will stimulate lending...too bad it devalues the dollar...making our money worthless.