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They buy the bonds and the money goes where? Somewhere that then spends it. Thereby raising inflation. If you're proposing they print the money and then do noth
by sulam 10y ago
They buy the bonds and the money goes where? Somewhere that then spends it. Thereby raising inflation. If you're proposing they print the money and then do nothing with it, I'm curious what the point of that would be.
- mistermann 10y agoIsn't that exactly what happened for the most part, the Fed printed a whole bunch of money and gave it to the banks to lend, the banks just sat on it and collected interest? (Not exactly what happened but reasonably correct from what I've read).