3 ms·
oh brother. Let's wake up here. There is a surplus of "savings" in the world because since the crisis 3.5 trillion of debt-soaking cash has been printed at off-
by vegabook 11y ago
oh brother. Let's wake up here. There is a surplus of "savings" in the world because since the crisis 3.5 trillion of debt-soaking cash has been printed at off-market prices by the fed, 1.5 trillion is currently being printed by the ECB, and 3+ trillion will be printed by the BoJ. Let's please not forget those facts, which dominate any of the second/third/fourth order diversions that you've pitched here, conveniently forgetting the elephant in the room.
- HiLo 11y agoThat's not savings tho, we have defined terms we're using here.