Which means governments can print or they can spend, but they can’t do both simply because production buys goods, services, and labor, not printed money. Markets are wise.

To understand money supply growth, it is essential to distinguish between reserve creation and deposit creation. Garrett argues that referring to the Fed’s operations as 'money printing' is not merely ...

US economist Larry Jeddeloh says the US and China are locked in an economic war that will fuel inflation, and the Federal Reserve will need to restart quantitative easing. The US central bank is ...

Abraham Lincoln was three years away from being elected president when the half-cent coin was discontinued as an official ...

Fed operations create reserves, not spendable money; real money is created when banks make loans, meaning QE changes the form of liquidity, not the quantity of broad money in the economy. This article ...