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Have a significant number of consumers taken out new loans? What percentage of consumers actually benefit, especially if they do not purchase a new home? >If
by aeternum 6y ago
Have a significant number of consumers taken out new loans? What percentage of consumers actually benefit, especially if they do not purchase a new home?
>If the Fed is able to expand the monetary supply without inflation, then that is a good thing
Expanding the money supply alone does not seem like the right goal. Suppose the fed decided to expand the money supply by cutting a check to the top 1%. I wouldn't expect to see any inflation in the pricing of general consumer goods since that segment of the population just isn't competing for those goods.