According to the Federal Reserve Bank of Chicago, money creation happens in banks, not in government.
"The actual process of money creation takes place primarily in banks." [0]
[0] https://en.wikisource.org/wiki/Modern_Money_Mechanics/Introd...
"The actual process of money creation takes place primarily in banks." [0]
[0] https://en.wikisource.org/wiki/Modern_Money_Mechanics/Introd...
Here's where money is physically created, somewhat of a curious point since so much of transacted 'money' is digital, and perhaps why the article above misleadingly says "creates".