By ‘retire’ the debt, I meant that the Fed would just print whatever money they need to buy the debt. The Fed wouldn’t incur any losses because they would be buying the debt with money that they had printed.[/quote]
The printing of money is done by Treasury, not the Fed. I could be wrong though, I keep getting them mixed up.[/quote]
You’re correct. Treasury prints the money.
Easy to get them confused – I think most political sites use them interchangeably (erroneously).
