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Replying to Avatar RobOK 🔸

I've always wanted a simple picture of how the Fed works and how money is created. (as we all know, the Fed does NOT print money, banks create and destroy money (debt)). Any feedback welcome (while keeping it fairly simple)

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Coddiwompler59 2y ago

You really should have a look at all of Mike Maloney's videos but this one will explain what you are trying to draw here.

https://youtu.be/iFDe5kUUyT0

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