This is the history of the Feds Balance Sheet (BS) from 1914-2009. Notice how little the level of reserves changes (pink) vs treasuries (blue) and “currency in circulation.” (Green) Especially 1968-2007. Why?... (Non-Potato image link in comments) - The Great Awakening

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This is the history of the Feds Balance Sheet (BS) from 1914-2009. Notice how little the level of reserves changes (pink) vs treasuries (blue) and “currency in circulation.” (Green) Especially 1968-2007. Why?... (Non-Potato image link in comments) (twitter.com)

posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +25 / -2

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– redtoe-skipper 2 points 1 year ago +2 / -0

Loan -> deposit -> sell deposit -> ad nauseam.

We however are left thinking they loan us currency, where in reality we loan them because we create.

There are two way to create currency. And these two ways are interlocked. The end result is always the same: rising debt levels.

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