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Simple question about the Fed

Discussion in 'BBS Hangout: Debate & Discussion' started by Jump Ship, Mar 14, 2019.

  1. Jump Ship

    Jump Ship Member

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    Do they post how much money they print each day? I see annual numbers based off estimates from a quick Google search, but I am interested in quarterly and monthly numbers if they are public. I have nothing against the Federal Reserve Bank, but I am interested in whatever stats they release and sources where I can find them.
     
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  2. SamFisher

    SamFisher Contributing Member

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    Stop posting Tillman

    We get it you need cash
     
  3. jcf

    jcf Member

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    Fed orders it, but Treasury actually is responsible for printing the money -- most of which is to replace dated or damaged currency. Here is what I found:

    Currency Print Orders

    Currency Print Orders Archive

    2019 Federal Reserve Note Print Order
    The Board of Governors (the Board), as the issuing authority for Federal Reserve notes, approved and submitted its fiscal year (FY) 2019 order for approximately 7.0 billion Federal Reserve notes, valued at $206.9 billion, to the U.S. Treasury Department's Bureau of Engraving and Printing (BEP) on July 31, 2018.1234Make Full ScreenFY 2019 Federal Reserve Note Print Order
    Denomination Number of NotesaReturn to table.

    The Board's FY 2019 order of 7.0 billion notes represents a decrease of nearly 0.4 billion notes, or 5 percent, from the FY 2018 order, but is relatively unchanged from the average order the Board placed with the BEP between FY 2014 and FY 2018. During FY 2018, Reserve Banks destroyed fewer notes than we estimated when we prepared the FY 2018 order. As a result, Reserve Banks will end the year with larger inventories, which they can use to meet demand during FY 2019, and reduces the volume of new notes the BEP needs to print. The FY 2019 order includes the volume of $2 notes we estimate Reserve Banks will need to meet demand between FY 2019 and FY 2021.
     
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  4. jcf

    jcf Member

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    Jump Ship likes this.
  5. Jump Ship

    Jump Ship Member

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  6. jcf

    jcf Member

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    No idea. You asked an interesting question -- one I had not really ever considered.
     
  7. robbie380

    robbie380 ლ(▀̿Ĺ̯▀̿ ̿ლ)
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    yes they do.

    they have a MASSIVE amount of data on that site.

    i follow the st louis fed on twitter and they have pretty interesting stuff they tweet.
     
    #7 robbie380, Mar 14, 2019
    Last edited: Mar 14, 2019

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