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Yes of course, he/they want to "make it rain". Printing money will reduce the value of USD, but people would be filled by the cash-at-hand. In the long run that
by HenryBemis 7y ago
Yes of course, he/they want to "make it rain". Printing money will reduce the value of USD, but people would be filled by the cash-at-hand. In the long run that doesn't help. It may help to win elections though.
- nerdponx 7y agoKnocking $1000 off a student loan or mortgage is a nontrivial benefit.
- tathougies 7y ago> Printing money will reduce the value of USD That's really good. The fed has been trying to spur inflation to hit their 3% inflation target for many many years now. However thanks to the great economy, we haven't seen that. Printing money would sure help create much needed inflation.