As Walter Williams has said - if you or I did this we’d be hauled off to jail for counterfeiting. Fed does this on a much larger scale and they call it QE. Fundamentally, there is no difference (aside from the fact that they aren’t in prison).
RE: Fundamentally, there is no difference (aside from the fact that they aren’t in prison).
One difference — They are AUTHORIZED BY LAW to print money. You and I aren’t.