# Understanding the Fed's Money Printer Summary::A somewhat, yet wordy, more accurate description of the role of The Fed. But, he also thinks the overnight influences other lending rates. Clipped from [Understanding the Fed's "Money Printer" (QE, the Stock Market, and Inflation) - YouTube](https://www.youtube.com/watch?v=K3lP3BhvnSo&t=420s) at 2024-02-15. Check out some of his references. He may not still be in business. ## Links --- # References [Money Creation in Modern Economy](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblI0aFNlOWR1NXhtTlFKY1ZtTV81bXpLTVNFQXxBQ3Jtc0tsYk9OTGVld1E1VDN4YXpMOXdmQmhaa1VwTHNFbkRkUXd3Mzc3VGYtTUFIMXJSRTBtNEpDQjM3TFBEQ1A3eDJNQVBWWmd2RTdydGZlOUFtc1FROWVHRWtWMHJsM1lLMlFvSHpvVmptbFpPRzRuYmVnOA&q=https%3A%2F%2Fwww.bankofengland.co.uk%2F-%2Fmedia%2Fboe%2Ffiles%2Fquarterly-bulletin%2F2014%2Fmoney-creation-in-the-modern-economy&v=K3lP3BhvnSo) [Money, Reserves, and the Transmission of Monetary Policy: Does the Money Multiplier Exist?](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqblZkaDlJLUswdmRmck9kbEZ3QVdfd1RRdkw2Z3xBQ3Jtc0tudjVKNFFDcEVfOVRhWnV4cktFdlVyRnpIWTYyVU81MEk0TlEzclBmR0JaZXhYY2xjejUwclhUM1BtQ2ctb3Z2WkdBUVhiSFZPV0ZzSVA0RFMyVklNZEpuU0R5S194RzJqbzRJTWZPQjlObHhGVzFxdw&q=https%3A%2F%2Fwww.federalreserve.gov%2Fpubs%2Ffeds%2F2010%2F201041%2F201041pap.pdf&v=K3lP3BhvnSo) [Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjY0cmxCdWVsRDFBSjFZQ3hKZW80d2xFN01rQXxBQ3Jtc0tuOURBOE90c3hNQ05hNkVRbHllTlVSSzItVEVzeHMtQ19OZUlSdldtNS0wQWU3UGY4MDlrdTc5cW5HQUNNYXF6d3kyYURwVHJnN1dqeUhCYVR0cjFUcC1fdzVjdTJfQUxOblEtRk1HS2J5emZaVEN2VQ&q=https%3A%2F%2Fwww.federalreserve.gov%2FPUBS%2Fifdp%2F2014%2F1101%2Fifdp1101.pdf&v=K3lP3BhvnSo) [A General Equilibrium Approach To Monetary Theory](https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbjBTNm81TWRwQ3NGYnRZdWZXUVFRNjJFSk45d3xBQ3Jtc0ttckZKWENvLWFGVXk4SExBWDltQW42T29QN1ZLakhHLWZZUVdyakNIQmM4a2JJWEVYWXpUam5oOEhOZHA3SXhIbGRwclRYZGI2dTZna0RJOTJoS2FRbmZMR3NBaVBERDB3X2N5UWJDNUdoZHh2Nm81RQ&q=https%3A%2F%2Fwww.jstor.org%2Fstable%2F1991374%3Fseq%3D1&v=K3lP3BhvnSo)