Re:If money rules the world – who rules money? (2008) [pdf]
by peanut-walrus on Friday September 29, 2023 @02:46PM
(#37708543)
No, all US dollars are not created by the Fed. In fact, most US dollars in circulation have not been created by the Fed, but rather by private institutions. You get a mortgage from your bank? That's brand new dollars, never seen before.
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