Before we look at what it does, let’s first address what it doesn’t do; print money 💸 Well.. not literally.
The Fed manipulates the amount of money in circulation by creating and destroying money. It does this through 4 main actions
在我们研究它的功能之前,让我们先讨论一下它没有做什么;印钞💸 好不是真的。
美联储通过创造和销毁货币来控制流通中的货币数量。它通过4个主要动作来实现这一点