3 ms·

Well QE is still going on in that the fed still holds all of the assets it bought. Here is an article from last September saying that the fed is starting to se

Well QE is still going on in that the fed still holds all of the assets it bought. Here is an article from last September saying that the fed is starting to sell (or not turn over) the assets: https://www.ft.com/content/caf45d6a-9e28-11e7-8cd4-932067fbf946 https://www.ft.com/content/caf45d6a-9e28-11e7-8cd4-932067fbf... Of course I agree with you on the global wage increase, I ignored the fact of multiple currencies. I kind of think that all prices are related to (possibly delayed) labor costs, along the lines of "how much work do I have to do to buy it?" and "I'll extract that oil for you only if you are willing to pay at least what I have to pay my employees to do it".

dragonwriter 9y ago
> Well QE is still going on in that the fed still holds all of the assets it bought If that was true, it wouldn't be QE still going on; QE is a policy to increase the effective money supply by buying assets, holding assets isn't increasing the money supply, it's just not decreasing it. But, also... > Here is an article from last September saying that the fed is starting to sell (or not turn over) the assets So, they are actually not still holding all the assets.