To know the answer to this question, is to know the last day you will walk the earth. Especially if you can explain what it means to the average citizen.
1000000 a day
average of 50 billion dollars
The federal reserve has three main tools it uses to bring about its goals if full employment, healthy inflation and stability The fed acts as a bank to all other banks, each bank must have an account with the fed in which they keep a certain percentage of their checkable deposits as reserves. This percentage is mandated by the fed. The fed also loans money to banks on a short term basis in order to help banks out of liquidity "jams", this is frowned upon by the fed, who would much rather see banks borrow to each other. The rate at which banks borrow from each other is heavily influenced by the Fed and it is called the federal funds rate. This is an interest rate, and most other interest rates are tied in with this one, so the Fed can influence interest rates in this way. The Fed also conducts open market operations, in which they buy or sell bonds from the public in order to increase or decrease the supply of money in the US economy. The Fed prints money. It places the money in circulation by buying government bonds. This means that every $ is essentially an IOU to the Fed for which the government (tax paying citizens at least) pays interest as long as it is in circulation. The checkable deposits each bank holds in their FED account accumulate date in the form of interest owed by Gov to the Fed. There is no enough money in circulation to ever pay off this accumulated debt.
The federal reserve has three main tools it uses to bring about its goals if full employment, healthy inflation and stability The fed acts as a bank to all other banks, each bank must have an account with the fed in which they keep a certain percentage of their checkable deposits as reserves. This percentage is mandated by the fed. The fed also loans money to banks on a short term basis in order to help banks out of liquidity "jams", this is frowned upon by the fed, who would much rather see banks borrow to each other. The rate at which banks borrow from each other is heavily influenced by the Fed and it is called the federal funds rate. This is an interest rate, and most other interest rates are tied in with this one, so the Fed can influence interest rates in this way. The Fed also conducts open market operations, in which they buy or sell bonds from the public in order to increase or decrease the supply of money in the US economy. The Fed prints money. It places the money in circulation by buying government bonds. This means that every $ is essentially an IOU to the Fed for which the government (tax paying citizens at least) pays interest as long as it is in circulation. The checkable deposits each bank holds in their FED account accumulate date in the form of interest owed by Gov to the Fed. There is no enough money in circulation to ever pay off this accumulated debt.
The federal reserve has three main tools it uses to bring about its goals if full employment, healthy inflation and stability The fed acts as a bank to all other banks, each bank must have an account with the fed in which they keep a certain percentage of their checkable deposits as reserves. This percentage is mandated by the fed. The fed also loans money to banks on a short term basis in order to help banks out of liquidity "jams", this is frowned upon by the fed, who would much rather see banks borrow to each other. The rate at which banks borrow from each other is heavily influenced by the Fed and it is called the federal funds rate. This is an interest rate, and most other interest rates are tied in with this one, so the Fed can influence interest rates in this way. The Fed also conducts open market operations, in which they buy or sell bonds from the public in order to increase or decrease the supply of money in the US economy. The Fed prints money. It places the money in circulation by buying government bonds. This means that every $ is essentially an IOU to the Fed for which the government (tax paying citizens at least) pays interest as long as it is in circulation. The checkable deposits each bank holds in their FED account accumulate date in the form of interest owed by Gov to the Fed. There is no enough money in circulation to ever pay off this accumulated debt.
1.2 million
tight money policy combats inflation (when to much money is out in circulation the Fed limits the amount of money that is in Circulation known as the tight money policy.)
Depends on what the cow's eating and how much it's fed.
The Federal Reserve, is the gatekeeper of the U.S. economy. There is too much money in circulation to get an accurate amount.
If the Fed wants to increase the money supply, they should buy the government bonds. The actions that can be used by the Fed to increase the money supplied is called the monetary policy.
The Fed influences banks to lower the interest rate they charge for lending money by adjusting the federal funds rate, which is the interest rate at which banks lend to each other. When the Fed lowers the federal funds rate, it becomes cheaper for banks to borrow money, leading them to lower the interest rates they charge for lending to customers.
Fed