# ex nihilo The term "ex nihilo" is most often used in describing the creation of dollars by banks or the Federal Reserve. See my distinction elsewhere between [reserve dollars] and [money dollars]. # References >ex nihilo adverb or adjective **:** from or out of nothing creation _ex nihilo_ Clipped from [Ex nihilo Definition & Meaning - Merriam-Webster](https://www.merriam-webster.com/dictionary/ex%20nihilo) at 2023-09-25.