Here are 2000 people standing shoulder to shoulder, looking for a job.
The Federal Reserve's mandate is to maintain price stability and low unemployment.
The Federal Reserve prints money based on the assumption that increasing money supply will boost jobs.

The Federal Reserve has a bottomless pit of money at its disposal. It is arguably the most powerful institution in the world- it controls the money of the Reserve Currency of the World - The US Dollar. It could destroy the world economy by simply changing the main interest rate (Federal Funds Rate), just like in '07/'08.

How money printing happens: The newly printed money is just a number on the computer; printing real money is expensive. The Federal Reserve must have a system to spread the newly printed money. It spreads the money by 'taking over' existing loans; in essence buying the loans (from banks, hedge funds or other financial institutions). This system reimburses the banks the money banks loaned out before it's repaid by client, by so injecting new money into the economy.

The loans are considered "assets" because they earn interest. There are various loans (assets) the Federal Reserve buys through its programs, including
Government loans (treasury bills, securities, bonds, etc), MBS (Mortgage Backed Securities- home loans), student loans, credit cards and auto loans and many more.

Little known fact: All money is debt. All money is loaned into existence. Banks create (90%+ of all) money by making a "Reserve Requirement" deposit with the Federal Reserve. If a bank deposits $1 million with Federal Reserve, with a 10% Reserve Requirement it can loan out $10 million by simply typing it into the computer into an account. This is called Fractional Reserve Banking. Federal Reserve also works as a lender of last resort when the banks that loaned out 10x more than they have deposited, get a 'run on the bank' and can't come up with the money-- when more people are pulling it out than they have available. Federal Reserve protects the system that allows lending out what one does not actually have. Federal Reserve is also a private bank, privately owned and not responsible to the Government, or anyone, except possibly its 300 private share holders.
This might sound confusing, but money-creation is not taught in schools, therefore many completely lack the concept of how the system works. The economy text-books of today are Keynesian theory based-- "print more cash please", written by big corporations, such as McGraw Hill-- which are owned by the banks. Banks benefit from this system, and from you not understanding it. There are many videos and sites covering the concept of money creation.

You are looking at little over $13 Billion dollars getting ready to be transported out, into the economy.

Each pallet of $100 million dollars weighs exactly 1 ton (minus the pallet). The trucks shown carry 20 tons of cash. Legal carry weight is usually between 22-25 tons.

Federal Reserve to print $40 billion a month for remainder of 2012.

In September 2012, the Federal Reserve started its 3rd QE economic stimulus program.
Under this program Federal Reserve will for the rest of 2012 buy $40 Billion a month, each month, in MBS (home-backed loans) from the market, by so infusing new money into the economy.

$40 billion a month would amount to 9,600,000 jobs paying $50,000 / year. Unfortunately, more money does not equal more jobs. The newly printed money is not getting loaned out to consumers (as intended by the stimulus package) but stays with the banks and the banks invest the newly printed money in stocks for fast profits, by so pushing the stock market higher. The money does not go to SBA Bonds that are aimed at pumping cash into small business sectors.

Above is the projected Federal Reserve printing volume of dollars for 2013.
Federal Reserve intends to print $1020 Billions ($1.02 Trillion) in 2013.

In 2013 Federal Reserve will increase printing from $40 to $85 Billion per month by purchasing $40 Billion a month in MBS (home-backed loans) AND additional $45 billion in 10-30 year US Government treasurys (loans) from financial institutions. "The Fed will therefore monetize roughly half of the US budget deficit in 2013."- ZH

This is equivalent to 20.4 million jobs per year paying $50,000 / year.

As explained above, the Federal Reserve's Balance Sheet is the amount of assets The Fed has purchased (removed) from the free market in order to stimulate it. The Fed owns as of 2012-10-06, 27.2% of the bond market.

Welcome to Wall Street, the capital of the free market. It is full of semi trucks today.
$160 Billion of bankers' 2012 bonus (QE3) has arrived from the Federal Reserve by 80 semi trucks, and hoards of fork-lifts are working hard to unload the
2012's $40 Billion / month bank stimulus package (QE3) into headquarters of the biggest banks in America-
JP Morgan Chase, CitiBank, Bank of America, Goldman Sachs, HSBC, Wells Fargo, Morgan Stanley, State Street Financial and Bank of New York Mellon.

The 2013's stimulus package (QE3) of $1020 Billion Dollars has been nicely stacked on the far right side, awaiting 2013.

Each economic boost through money printing (QE1, QE2, QE3) has diminishing effects, that appear to follow the Fibonacci equation. This implies that the Federal Reserve is now caught in a perpetual cycle where it has to print near exponentially more money just to maintain same stock market performance level, not mentioning inflation. .

Verdict: Truck drivers and fork-lift operators on Wall Street have good job security as QE4 is now a certainty.

The money printed by the Federal Reserve does not end up the hands of the people, but goes directly to the banks, though whom it ends up in the stock market in order to inflate asset values. This pushes the Dow Jones Industrial Average and S&P higher, but does NOT increase hiring and above all consumer spending, which is one of the main drivers of the US economy.

Money print QE3 is equivalent to 20.4 million jobs paying $50,000 / year. Instead the money goes to Wall Street and the stock market.

Additional Sources URLs

This is where Federal Reserve's newly printed money ends up.

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