>>19951056wut?
kek
>>19951044there are four ways currency is created in the US:
1 Congressionally-approved Public Issues for deficit spending via the issuance of US treasuries aka US Public Issues, as detailed here
>>199510012 Intragovernmental Debt, treasuries created for currency to run public agencies, as seen here
>>199510373 the commercial tier 2 banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved
4 QE, this is fucking counterfeiting by the NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates, as seen here
>>19951044 and in pic rel
