Only the Treasury prints money; however, the FED handles bond auctions and interest rates and in recent years has been utilizing “quantitative easing,” which is basically like having the government buy its own bonds (ghost money from nowhere), which literally is like taking fractions of dollars out of every other “real” dollar ever left in circulation.
This is my humble understanding.
The Treasury hasn't printed money for years.(When they did, these were called US Notes. They had a red seal, where the Federal Reserve Notes have a green seal.) The Treasury "prints" Debt Paper (bonds and notes) which they "sell" (usually indirectly through "Open Market Operations") to the Federal Reserve to obtain the money that the government spends. The whole thing is one, big, f'n shamocracy.
ML/NJ
Your humble understanding is a good one.
With the addition that the Fed creates off-book ‘dark’ dollars for intel activities around the world and they do this from computers; they create digital funds and they have thousands of accounts worldwide to sent these funds to.