If those ignorant of the Fed's workings knew how wire transfers or check clearing worked, I could probably help them better understand how money creation works.
The ones who don't even know how a number is changed on a spreadsheet can't be helped.
Were asking where food comes from, and youre telling us about trucks.
Wire transfers move by truck?
I’m speaking metaphorically. It’s an analogy. Perhaps you’ve heard of them.
Here’s the problem... Just creating more FRN’s does nothing to help the economy. All it does is devalue the means of exchange making things worse. Zimbabwe prints money by the mega-ton and it’s worth less once the ink is dry than when it was still blank paper.