How the Fed Creates Money For Dummies

[Mik]

Interesting article from McNews. I must admit I am not as up on this stuff as I should be. Probably because I'd like to sleep at night.

https://www.usatoday.com/in-depth/money/2020/05/12/coronavirushow-u-s-printing-dollars-save-economy-during-crisis-fed/3038117001/

[George K]

[Mik]

Uh huh.

[Axtremus]

I get a bit nostalgic when I see they quote Ron Paul on a topic like this. Ron Paul has been one of the rare people who have stayed consistent with their views on monetary policy.

[jon-nyc]

How the Fed Creates Money For Dummies

Ok, but how does it create money for the rest of us?

[Horace]

Same way, but for us, we position ourselves under the money spigot that is AAPL. The rube goldberg machine which starts when the fed dumps buckets of cash onto the country, directs most of the money there.