How Does the Federal Reserve Create Money? An Economist Explains

A few weeks ago, I solicited FEE daily readers for their questions about economics. Pretty quickly I got a question I was pretty certain I’d get eventually. It comes from a man named Warren from Chicago who asks:

“what are the levers used by the Federal Reserve Bank to increase or decrease the money supply?
I know it has somethi …

U.S. National Debt

The current U.S. national debt: