Among those who know how it works yes, but in the population many believe the Fed is the government and that they print physical money as the films of the printing presses show. I think it is important in this corrupt system that people understand that the money is all created electronically by banks, and that government only prints the currency it then sells to the banks at cost of production for their customers cash needs and that only 3-5% of the money supply is circulating as cash. 5