Former Bush Aides Slam Perry’s Bernanke Comments: ‘Inappropriate And Unpresidential,’

[Seawytch]

What the fuck do they do down in texas that makes people this stupid?

Lately they've been drinking pee water...

At least they are smart enough to do something about their drought. The filtration makes it better then regular water

MMMMM, mmmmm, mmmm. Good pee water.

 

[Toro]

No, that is when the Fed was created. When did the Fed start printing money?

1914: $1 Federal Reserve Bank Note
At the time this was issued, a "note" was well understood to be a promise of payment. Accordingly, this is prominently labelled as a "Federal Reserve Bank Note".

And what is this Note redeemable in? Here's what it says: "Secured By United States Certificates Of Indebtedness Or One-Year Gold Notes, Deposited With The Treasurer Of The United States Of America". The Note was directly redeemable in Treasury debt, but it was not directly redeemable in Gold.

A History of Paper Money - Using US Money From 1913 To Date

The Fed did not print those notes, they issued them.

Again, when did the Fed start printing money? The last time I checked the Department of Treasury, specifically the Bureau of Engraving and Printing, was responsible for printing money.

When did this stop? When did the Fed assume these responsibilities?

"Printing money" is a euphemism. Money isn't just Federal Reserve notes. Though you are technically correct that the Fed isn't printing money, the effects of the Fed's actions are tantamount to printing money.