What Money Printing Looks Like …
We all know that the Federal Reserve – America’s secretive central bank – is printYou must Subscribe or log in to read the rest of this content.
We all know that the Federal Reserve – America’s secretive central bank – is printYou must Subscribe or log in to read the rest of this content.
24 comments
Dollar collapse is forthcoming.
Just so you won’t be stuck with all that useless paper, you can transfer it to me.
Dude, TBG mails you 20 C-notes every Monday, Wednesday, and Friday (Except for USPS holidays.) I just stuff ’em in an envelope and mail ’em to CNSYD, USA. Been doin’ it for years…
On an unrelated note, I am now a “Triple Platinum Lifetime member” of the Dyslexic Crosby,Stills,Nash and Young Fan Club…
Your mail has been received. Problem is that your C notes all have Sic Willie’s picture on them. Only use I have found for them is as roach repellants.
That will be reversed shortly should the feds course continue.
Dollar collapse is forthcoming.
Just so you won’t be stuck with all that useless paper, you can transfer it to me.
Dude, TBG mails you 20 C-notes every Monday, Wednesday, and Friday (Except for USPS holidays.) I just stuff ’em in an envelope and mail ’em to CNSYD, USA. Been doin’ it for years…
On an unrelated note, I am now a “Triple Platinum Lifetime member” of the Dyslexic Crosby,Stills,Nash and Young Fan Club…
Your mail has been received. Problem is that your C notes all have Sic Willie’s picture on them. Only use I have found for them is as roach repellants.
That will be reversed shortly should the feds course continue.
The Fed does not print money. The Bureau of Engraving and Printing does.
http://www.moneyfactory.gov/
The mission of the Bureau of Engraving and Printing (BEP) is to develop and
produce United States currency notes, trusted worldwide. As
its primary function, the BEP prints billions of dollars – referred to
as Federal Reserve Notes – each year for delivery to the Federal Reserve System. The
Federal Reserve operates as the nation’s central bank and serves to
ensure that adequate amounts of currency and coin are in circulation.
The BEP does not produce coins – all U.S. coinage is minted by the United States Mint.
Yes, the BEP -literally- prints the money, but the Federal Reserve can expand the money supply without actually printing bills and stamping coins. According to the Federal Reserve website, only $1.2 trillion in currency is actually in circulation.
http://www.federalreserve.gov/faqs/currency_12773.htm
Maybe it’s better to say that the Fed ‘conjures’ money.
http://www.thefreedictionary.com/conjure
Conjure – verb
To summon (a devil or spirit) by magical or supernatural power.
Smirks is correct. Printing doesn’t necessarily actually involve printing any more. You print to pdf as an example.
The Fed does not print money. The Bureau of Engraving and Printing does.
http://www.moneyfactory.gov/
The mission of the Bureau of Engraving and Printing (BEP) is to develop and
produce United States currency notes, trusted worldwide. As
its primary function, the BEP prints billions of dollars – referred to
as Federal Reserve Notes – each year for delivery to the Federal Reserve System. The
Federal Reserve operates as the nation’s central bank and serves to
ensure that adequate amounts of currency and coin are in circulation.
The BEP does not produce coins – all U.S. coinage is minted by the United States Mint.
Yes, the BEP -literally- prints the money, but the Federal Reserve can expand the money supply without actually printing bills and stamping coins. According to the Federal Reserve website, only $1.2 trillion in currency is actually in circulation.
http://www.federalreserve.gov/faqs/currency_12773.htm
Maybe it’s better to say that the Fed ‘conjures’ money.
http://www.thefreedictionary.com/conjure
Conjure – verb
To summon (a devil or spirit) by magical or supernatural power.
Smirks is correct. Printing doesn’t necessarily actually involve printing any more. You print to pdf as an example.
Ray Stevens ‘splains it in a song…
Ray Stevens ‘splains it in a song…
Sounds good to me ! Small bills please.
Sounds good to me ! Small bills please.
Stagflation coming at the least and a good chance for a crash in Sept./Oct. range in the stock market.
M2 growth is actually dropping, if ABCT has merit then the structure built by the ongoing money printing can’t be supported as the growth shrinks….causing pops, busts, etc.
http://www.economicpolicyjournal.com/2013/08/is-slowing-money-supply-signalling.html
The only thing that will temporarily cap the bust would be an announcement of stepped up QE…which of course further debases the money.
Stagflation coming at the least and a good chance for a crash in Sept./Oct. range in the stock market.
M2 growth is actually dropping, if ABCT has merit then the structure built by the ongoing money printing can’t be supported as the growth shrinks….causing pops, busts, etc.
http://www.economicpolicyjournal.com/2013/08/is-slowing-money-supply-signalling.html
The only thing that will temporarily cap the bust would be an announcement of stepped up QE…which of course further debases the money.