Every time there's a story on the news about the Fed, they roll out that same tired clip of money coming off the presses at the Bureau of Printing & Engraving. That's not the way money is made. To find out how, read the Fed's PRIMER on Modern Money Mechanics. Warning: contains lengthy explanations of fractional reserve banking, etc.Wednesday, March 11, 2009
Learn How Money Is Made (Really)
Every time there's a story on the news about the Fed, they roll out that same tired clip of money coming off the presses at the Bureau of Printing & Engraving. That's not the way money is made. To find out how, read the Fed's PRIMER on Modern Money Mechanics. Warning: contains lengthy explanations of fractional reserve banking, etc.
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