Comment Comment by SonOfThePlower No, FED does not print money - bank reserves are not legal tender. If they had printed money, inflation would have skyrocket.My only question is why banks agree to this deal: exchanging U.S. treasuries for bank reserves (which they only can use as a collateral for lending) ? parent SonOfThePlower 6 years ago
My only question is why banks agree to this deal: exchanging U.S. treasuries for bank reserves (which they only can use as a collateral for lending) ?