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Money, thanks wikicommons!

Some of us here at USDemocrazy don’t trust banks and instead choose to keep  money under our mattresses (and believe us, these mattresses need all the padding they can get).

Still, despite an uncertain economy gripping the country most folks still rely on banks and other institutions to manage their funds.

So, as a follow-up to last week’s post about how money is spent by the U.S. government, we decided to explore how America’s money is managed.

Unlike the “mattress option”, a small amount of money can be made when deposited in banks. Deposits in US Banks (up to a certain amount) are insured by the Federal Deposit Insurance Corporation.

We all know that mountains of money is stored in banks… but where is this money made?

Our US Dollars are created at the United States Mint, an agency of the U.S. Department of the Treasury, having branches in several major cities.

Without value and regulation, a dollar is just a piece of paper. So, for that reason, the value of the greenback is regulated and managed by the Federal Reserve System.