Where dollars come from, why everyone uses them, and what happens to them when you pay taxes. Part 2 covers how banks create money, and Part 3 lists every source. Tap any for its meaning.
No law sets a maximum for the money supply. Each party that can create dollars faces its own limits instead.
The real limit: inflation. Money created faster than the economy can produce goods and services pushes prices up. Part 3, note 2.4 →
Sources: US Constitution Art. I §9; 31 U.S.C. §3101; Federal Reserve Act §§2A, 14(b); Regulation D; federal capital rules. All in Part 3 →
Words appear here as the expedition introduces them.