---Originally published by Alexander Westerlund at ECON 260 Comp Econ Systems – Spring 2017 – Alexander Westerlund

The money supply and the federal debt To keep the economic wheels turning, the money supply must continuously inflate and the federal debt must continually expand. This was revealed by Marriner Eccles, Governor of the Federal Reserve Board. How does the federal reserve get money to buy government bonds? It’s created out of the right … Continue reading "Blog post 2"