In the United States,who determines the combination of bond and money creation that finances the federal budget deficit?

Question

Quizplus · Accepted Answer

The Federal Reserve is responsible for determining the combination of bond and money creation to finance the federal budget deficit through its monetary policy decisions. The federal government itself does not have the authority to create money or bonds, while the private banking system and bond- and money-holders may have some influence on the market, they do not ultimately determine the government's financing decisions.

In the United States,who Determines the Combination of Bond and Money