Many are wondering where the Federal Bank's $1 trillion injection is coming from.
(Flickr user purgatorius (cc: by-nc-sa))
The Federal Bank’s latest move to inject $1 trillion into the economy has created quite a stir this week. But what does it mean when the bank of all banks creates money from what some may see as “thin air”? Many may ask where does money come from anyway? Since the 1970s U.S. currency is not measured against the gold standard, so how do we measure it these days?