There is a lot of talk these days about all the money the Federal Reserve is allegedly ‘printing’.
From the Federal Reserve’s own words at http://federalreserve.gov/generalinfo/faq/faqcur.htm#1:
“Does the Federal Reserve produce bank notes and coins?
No, the Federal Reserve does not produce bank notes or coins. The Bureau of Engraving and Printing (BEP) produces currency and stamps, and the U.S. Mint produces our nation’s coins. The Federal Reserve issues Federal Reserve notes and places them in circulation.”
Comments at http://www.ronpaulforums.com/showthread.php?p=2378783
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[...] the Federal Reserve gives some very factual information on its website, such as the fact that they don’t ‘print’ any money, in this case, however, they told a lie about U.S. Notes — their interest-free [...]
[...] the Federal Reserve gives some very factual information on its website, such as the fact that they don’t ‘print’ any money, in this case, however, they told a lie about U.S. Notes — their interest-free [...]