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Can you look here -- https://news.ycombinator.com/item?id=16606140 https://news.ycombinator.com/item?id=16606140 for my counter-argument?

• yxhuvud 9y ago
  That 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.
  • hndamien 9y ago
    QE isn't inflationary?! Please explain this alchemy?
    • yxhuvud 9y ago
      I already did, a few steps up. It is a swap, not a printing press.
      • hndamien 9y ago
        That is not an explanation. Where do the debt and assets come from in this example?