The money supply in the united states does not change unless the federal reserve system changes its policies regarding the quantity of money and nominal interest rates.
The Federal Reserve System (FRS) is the nation's central bank. The Federal Reserve, or Fed, is perhaps the most potent financial organisation in the world. In order to give the nation a secure, adaptable, and stable financial and monetary system, it was formed. Seven people make up the board of the Federal Reserve. Additionally, there are 12 Federal Reserve banks, each of which has a president who represents a different district. Conducting national monetary policy, overseeing and regulating banks, preserving financial stability, and offering banking services are among the Fed's primary responsibilities.
The Fed manages the nation's money supply through the Federal Open Market Committee, which also sets monetary policy.
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