Quote by jay powell, Chief of FEDERAL RESERVE - Deepstash
jay powell, Chief of FEDERAL RESERVE

We print money digitally. As a central bank, we have the ability to create money. And we do that by buying bonds for other government guaranteed securities. And that actually increases the money supply. We also print actual currency and we distribute that through the Federal Reserve banks.

JAY POWELL, CHIEF OF FEDERAL RESERVE

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vladimir

Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.

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