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The Fed is printing them. Just like they print all other money. From the article: > I put in one, and a hundred comes back.” > The figure was rhetorical, not
by OroPla 3d ago
The Fed is printing them. Just like they print all other money.
From the article:
> I put in one, and a hundred comes back.”
> The figure was rhetorical, not a disclosed 100-times investment return.
There's a lot more words in there, but it doesn't seem to say anything else.
- someguyiguess 3d agoPrinting money doesn’t create value. It dilutes value.
- OroPla 3d agoIt does neither, as money is simply a representation of wealth. Increasing the supply of money without increasing the wealth will mean you'll have more money representing the same wealth. This is called inflation. But the wealth, or value if you will, remains unaffected. Money isn't wealth. It's just a representation. It used to be wealth back in the days before paper money, when a coin actually had the value it said it had.