GOLD 0.51% $1,391.7 gold futures

gold, page-54393

  1. 33,108 Posts.
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    and only a bird brain would simplify this to “fed can unprint by lifting rates”
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    https://www.thebalance.com/is-the-federal-reserve-printing-money-3305842

    To reduce the amount of capital in the money supply, the Fed raises the fed funds rate. When that happens, banks have less money to lend. They've got to pay each other more to keep fed funds in the overnight account to fulfill the Fed's reserve requirement.
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    But I don't expect you to understand that.
 
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