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Comment by xupybd

When people say the Federal Reserve "prints money," they mean it's adding credit to its member banks' deposits.

Federal Open Market Committee (FOMC) is the Fed’s operational arm, guiding monetary policy. It engages in expansive monetary policy when the Fed expands credit. It increases the money supply available to borrow, spend, or invest. Expanding credit helps to end recession

Edit: Sorry please ignore me. I didn't know enough to understand the comment I was replying to.

parent xupybd 5 years ago

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