El Salvador President | "Taxes Are Not Funding Government. Who Is Financing the Government? Government Is Financed By Treasury Bonds. Paper. And Who Buys the Treasury Bonds? Mostly the Fed. And How Does the Fed Buy Them? Printing Money."
Jared Bernstein | President Biden's Chair of the Council of Economic Advisors "The Government Definitely Prints Money ^ Then It Lends That Money By Selling Bonds. Is That What They Do? I Guess I Don't Get It?" - Jared Bernstein
Jared Bernstein | President Biden's Chair of the Council of Economic Advisors "The Government Definitely Prints Money Then It Lends That Money By Selling Bonds. Is That What They Do? I Guess I Don't Get It?" - Jared Bernstein