JOTD
- Thread starter Silver Soul
- Start date
My lord. The government issues bonds, and when the central bank buys those bonds it creates currency with interest. With congressional approval, the government can issue as many bonds as it desires. Although the central bank isn't the only one who can buy bonds, they will always be a "lender" of last resort to the government. The government itself does not print money. The whole scam is the central bank charging interest for creating currency out of nothing.
