April 11, 2023: Money, as explained by an ex Fed official

Foreword

This is a quick note, which tends to be just off the cuff thoughts/ideas that look at current market situations, and to try to encourage some discussions.

We’ve discussed various aspects of money before — what is money, money “printing”, safest money, etc. Here is an ex Fed official, explaining what money is in his words.

As usual, a reminder that I am not a financial professional by training — I am a software engineer by training, and by trade. The following is based on my personal understanding, which is gained through self-study and working in finance for a few years.

If you find anything that you feel is incorrect, please feel free to leave a comment, and discuss your thoughts.

Money, money, money, money!

For those who prefer a more authoritative perspective than lil’ ol’ me.

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