The Money-Printing Machine: Electronically Printing Money

Since 2008 the U.S. Federal Reserve has been printing money like nobody’s business, more than $4 trillion of it. It’s not actually printed, of course. It flows electronically into the economy by way of the banking system, much of it buying up frail mortgage-backed securities backlogged on bankbooks from the housing bubble. “Quantitative easing” is…

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