The Role of the Fed in the Real Economy

A bank deposit which is really just a liability created by a bank is able to trade at par with dollar currency. The second price of money is interest rates now That's the price of money for future money So I have money today and Basically moving money from today to tomorrow. How much interest rate? Am I willing to forgo or do I have to pay to get that money today or to lend it out for tomorrow? It's it's what he createsmoney today with money tomorrow. He takes this framework and he applies it to what's happening into the real economy.