3 ms·
The Fed printing money isn't the engine, it's the throttle. The engine is powered by a treadmill that requires everyone to run, i.e. being consummate consumers.
by decasteve 6y ago
The Fed printing money isn't the engine, it's the throttle. The engine is powered by a treadmill that requires everyone to run, i.e. being consummate consumers. Throttling up requires running faster, thereby increasingly consuming more.
I hope we don't exhaust ourselves to keep up.