Saturday, May 23, 2020

Where does The FED get all the money to purchase everything?

I don’t know, or said another way, I cannot imagine as trying to understand where all that money comes from. I might as well try to estimate the grains of sand on a beach—or all beaches wherever they may be and for whatever the tide, time of year or any other variations may bring.

Who knows where all this money comes as unceasing, unlimited and, as it is, unfathomable?

But what is money really?  We know it’s a finely printed paper and that it is exchanged for goods and services.  We also know that without money, one cannot seemingly survive.  

Maybe it’s true that love makes the world go round but it sure seems as the it’s money….

The FED is said to the lender of last resort; that when/as (and always), the state wants for money that The FED is there to save the day—buying treasuries and more (bonds, mortgages, etc.)

In his book, Anatomy of the State, Murray Rothbard describes money as the “command post of the economy and society”—the modern monopoly of the state.  

But back to The FED and money, the central question, “Where is does it all come from?”

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