Gary Anderson
VIP Member
But those excess reserves are locked up because the Fed pays interest on them. And sorry, base money in total is 4 trillion dollars and 2.6 trillion of it is excess reserves. It isn't 13 trillion dollars.The USA has $13 Trillion in "excess dollars" these past 8 years from both the Federal government and the Federal Reserve. If the economy worked as you dreamed poverty would have been eliminated in 2010.