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But have you heard only the name or do you know when it's used and what are its consequences? I could mention quantum physics and still have 0 idea about it. W
by Darmody 6y ago
But have you heard only the name or do you know when it's used and what are its consequences? I could mention quantum physics and still have 0 idea about it.
What about instead of saying "i'M tHe gUy wHo mEnTiOnEd iT" you explain why do you think it's good?
- sho 6y agoDid I say it's good? I know exactly what it is. It's a radical expansion of fed credit. What are the consequences? Well, do you think things are better? USD expansion is not going to be a big issue for a while. Your spongebob capitalisations are not appreciated
- Darmody 6y agoWell, I criticized printing money to pay a basic income. Which means from now on the Fed will print trillions every year. If you're not trying to fight deflation that would only increase the inflation rate. And what would happen when the USD expansions becomes a problem? Would the Fed stop printing money.