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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

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?