Just a brief synopsis of what he was trying to say 😂

Bottom line is that he’s talking about two different entities here. The Federal Reserve and the Treasury Department.

The U.S. Federal Reserve conducts open market operations by buying or selling Treasury bonds and other securities to control the money supply. With these transactions, the Fed can expand or contract the amount of money in the banking system and drive short-term interest rates lower or higher depending on the objectives of its monetary policy.

To increase the money supply, the Fed will purchase bonds from banks, which injects money into the banking system.

The Treasury Department issues Treasury bonds (T-bonds) which are one of four types of debt issued by the U.S. Department of the Treasury to finance the U.S. government’s spending activities. The four types of debt are Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation-Protected Securities (TIPS). These securities vary by maturity and coupon payments.

This is what they mean when they say US debt.

The Treasury Department also prints the money based on requests from the Fed, which then distributes it.