It amazes me how most of American do not understand where money comes from, how it is created and who controls the quantity in the market.
How can hope to solve our debt/deficit problems without understand how money works in our country?
Quiz:
Who creates 90% of US money (digital or physical) in circulation?
A. The Federal Reserve
B. the Treasury Department
C. Private banks
How can hope to solve our debt/deficit problems without understand how money works in our country?
Quiz:
Who creates 90% of US money (digital or physical) in circulation?
A. The Federal Reserve
B. the Treasury Department
C. Private banks