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The US does not generally print money the way Germany did in the early 20th century. While we do perform some small amount of monetary expansion through printi
by dlp211 6y ago
The US does not generally print money the way Germany did in the early 20th century. While we do perform some small amount of monetary expansion through printing money in the colloquial sense, the vast majority is done by the Fed paying dollars for assets. The Fed will at a later point destroy said dollars when it sells back the assets.
- Red_Leaves_Flyy 6y agoSelling the ~4 trillion created is going to take a while. Though I have reservations about that happening at all. Iirc the last time the Fed tried to unwind their balance sheet the market panicked.
- mixmastamyk 6y agoNote the graph of the money supply in the pjc50 sibling post.