/biz/ - Business & Finance

Hmm, how do paper notes get into circulation?

>>50957183
No, government doesn't issue any dollars. THe US Treasury creates the paper notes and coins, but these are sold to the 12 Federal Reserve banks for pennies on the dollar (less than $0.20 for a $100 note). And I've already given proof that the 12 Federal Reserve banks are privately-owned by the banks in their district.

The 12 Fed banks distribute this cash to banks and credit unions based on requests by the bank managers. New cash can only be obtained by citizens in two ways:
1) Exchange older cash for new cash.
2) Exchange bank-created digital money for cash.

The US Government DOES NOT spend any cash directly into circulation. Your ideas are all based on lies you were told as a young man. This is normal because the bank-controlled money scam requires a lot of lying and disinformation to stay in place. That is why less than 1% of the population understand that private banks create all money, NOT government.

>>50022988
"Printing" is the wrong word for many reasons.

#1) Less than 5% of circulating money in the US is physical cash. The vast majority of money is digital money that exists only in the computers of private banks.

#2) The US treasury DOES print paper notes, but these are sold to the bank-owned Federal Reserve for pennies (about $00.20 for a $100 dollar note!). Only private banks issue paper notes and coins into circulation.

#3) Digital money, which constitutes 95%+ of circulating money is created out of thin air by private banks when they lend AFTER the borrower signs the loan contract.

#4) Government gets all revenue from taxation and borrowing. Government does not print paper money and spend it into circulation. (If government could create and spend debt-free money into circulation, there would be no national debt!)

The concept of "government money printing" is a red herring that distracts from the real creators of all money and all inflation: PRIVATE BANKS!

proofs at:
bankLIESdotORG