THE VIDEO SHELF · central banking and money creation
How the Fed's "Money Printer" Really Works
Ben Felix explains how central bank money creation and quantitative easing actually work, and what they do and do not imply for asset prices and currency. He addresses the common belief that the Fed prints unlimited money and props up markets.
Why HN readers recommended it
HN users point to it to correct the 'money printer go brrr' view and as a clear explanation of how banks create money through loans.
This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.
Video & recommendation details
- Creator / channel
- Ben Felix
- Topic
- central banking and money creation
- Format
- explainer
- Level
- intro
- HN recommenders in dataset
- 2
- HN mentions in dataset
- 7
- Recommendation years in dataset
- 2020–2024
These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.
From the original HN conversations
Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.
The modern banking system does not use fractional reserve lending. Highly recommend this video to understand and this channel in general: [VIDEO] Skip to 1:14.
italicbold on Hacker News · 2020-08
In Banks create money, but it's less impressive than it sounds> the willingness of the Federal reserve to print money (create debt). Without restraint nowadays. Ben Felix, a portfolio manager at PWL Capital in Canada, just released a video explaining why this is completely wrong: * [VIDEO] > Quantitative easing is a monetary policy whereby …
throw0101a on Hacker News · 2020-08
In Ask HN: I have $450K cash, what should I do to maximize my return?Strictly speaking, in the modern era, it is not "a government" that decides to print money, but rather the central bank, which are considered independent on government and do (should) not follow the orders of politicians. The central bankers are hired for a fixed-term (though …
throw0101a on Hacker News · 2020-12
In 2020 had some significant silver linings
Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.