TIL The Fed can create money "out of thin air" by buying an asset from a financial institution and paying for it with money it simply creates.
https://www.investopedia.com/ask/answers/082515/who-decides-when-print-money-us.asp

TIL The Fed can create money "out of thin air" by buying an asset from a financial institution and paying for it with money it simply creates.
https://www.investopedia.com/ask/answers/082515/who-decides-when-print-money-us.asp

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