The history of physical currency is a mystery to most. How can the US Federal Reserve simply print trillions of US Dollars when the economy needs a boost? Does this create a debt that needs to be repaid? Is modern currency simply an imaginary...
The history of physical currency is a mystery to most. How can the US Federal Reserve simply print trillions of US Dollars when the economy needs boost? Does this create a debt that needs to be repaid? Is modern currency simply an imaginary construct used in accounting to define value for both goods and services? Listen and enjoy as we delve into these topics and others!