The banks "print" more money than the Fed?

Discussion in 'Economics' started by crgarcia, Sep 4, 2008.

  1. Banks don't print money. They distribute it to the masses on leverage, as you pointed out. Without the Fed (a private for-profit corporation, not part of the government, and cannot be overruled by the government), the banks have no new cash and noplace to make deposits of their own.
  2. This is why I placed the word "print" in quotes.