This is more of a question than a diary.
We own the mint. We own the printing presses. The amount of money in the world, in US dollars, is an arbitrary number, set by our government.
(maybe this is more than one question)
Is it the Treasury or the Fed that determines what that arbitrary number is?
And if it's the Treasury, part of the Executive branch, Can Obama simply order the Treasury to print a couple billion new Franklins?
Why not?
Inflation is very low and not likely to jump up (unless we default and that drives prices higher).
Someone here in Koslandia must know the answers, right?