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This would cause inflation, increasing interest rates, exacerbating the problem and spiraling out of control. QE is not "printing money".
by RhodesianHunter 7y ago
This would cause inflation, increasing interest rates, exacerbating the problem and spiraling out of control.
QE is not "printing money".
- JDiculous 7y agoQE is money printing to buy financial securities. It is money printing.
- aphextron 7y ago>This would cause inflation, increasing interest rates, exacerbating the problem and spiraling out of control. So you would think from Econ 101, but that empirically has not been the case. We're in uncharted waters at this point.
- TylerE 7y agoOwe the bank $100,000? The bank owns you. Owe the bank $1,000,000,000,000? You own the bank.
- neural_thing 7y agoNot uncharted, just takes some persistence to find a precedent. See John Law.