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Nothing. QE is just a swap, the net assets for each involved party doesn't change, only the type of assets they happen to posses. The government get a trillion
by yxhuvud 9y ago
Nothing. QE is just a swap, the net assets for each involved party doesn't change, only the type of assets they happen to posses.
The government get a trillion of debt but also a trillion worth of assets that pay their cost back, eventually.
- nopriorarrests 9y agoCan you look here -- https://news.ycombinator.com/item?id=16606140 https://news.ycombinator.com/item?id=16606140 for my counter-argument?
- yxhuvud 9y agoThat is not really a counter argument - I am not claiming QE has no effect on the economy. I claimed that it isn't inflationary, and your example doesn't show any clear inflationary pressure.