3 ms·
Seeking Alpha is a site with the worst usage of dark patterns I have seen on the internet, both in it's website design and in it's actual content. This article
by silexia 6y ago
Seeking Alpha is a site with the worst usage of dark patterns I have seen on the internet, both in it's website design and in it's actual content. This article actually misses a lot of key macro points like that the Fed stopped expanding mzm months ago, and that the expansion of money supply has to reach consumers to become inflationary.
- woofie11 6y agoA genuine expansion of the money supply might take time to reach consumers, but it WILL reach consumers. Thought experiment. A crisis, COVID2029, puts everyone out of work for a year: 1) I print 9 trillion dollars, and allow 300 million recently-unemployed Americans to pay their mortgages during a global crisis. Crisis ends, and everyone goes back to work with 9 trillion new dollars printed. During the crisis, everyone gets a bag of cash, but there's no inflation. Crisis ends. Boom. As soon as everyone's back at work, the inflation kicks in, since there's 9 trillion dollars of new currency in play. 2) I issue zero-interest loans to 300 million recently-unemployed Americans, allowing them to push back their mortgages by one year. I've injected 9 trillion dollars into the economy, but I naturally suck it back out after the crisis. No inflation.