News for hackers. Stuff that matters.

A comment on 40% of US dollars in existence were printed in the last 12 months. Parent comment

Re:40% of US dollars in existence were printed in the last 1... by shoto_io on Sunday October 10, 2021 @11:36AM (#28819204)
And how is the central bank involved in this?
[ Parent | on HN ]
Re:40% of US dollars in existence were printed in the last 1... by dragonwriter on Sunday October 10, 2021 @12:09PM (#28819528)
> And how is the central bank involved in this?

Via reserve requirements and coordinating interbank lending:

https://www.investopedia.com/terms/i/interbankrate.asp

[ Parent | on HN ]
Re:40% of US dollars in existence were printed in the last 1... by nradov on Sunday October 10, 2021 @11:52AM (#28819345)
The central bank provides liquidity to member banks in case of a bank run, and imposes limits on money creation (lending) based on capital reserves and other factors.
[ Parent | on HN ]