The Importance of the Fed's Printing of Money

"I don't have an answer to this, and I'm trying to find out because the things it's been doing, like if you read the book, The Lords of Easy Money," he says. "So many economies around the world are dependent on the U.S. dollar." He adds that when Americans were receiving these tracks for $1,200 in some case, $2,000 in other cases, they devalued their own dollars.