4 ms·
Not the way it works, at all. Treasury bonds are issued and put on the bond market. When purchased, those funds are the "money printer go brrrr". It's not so m
by NoOneNew 6y ago
Not the way it works, at all.
Treasury bonds are issued and put on the bond market. When purchased, those funds are the "money printer go brrrr". It's not so much printing money, just getting deeper into debt. Call it what it is, so it can be approached properly. Calling a tiger a duck isn't going to save you from getting mauled to death.
- dragonwriter 6y ago> Treasury bonds are issued and put on the bond market. When purchased, those funds are the "money printer go brrrr". No, they aren't. You are confusing fiscal deficits with monetary expansion. Worse yet, seem to be complaining that GP is failing to confuse monetary expansion with fiscal deficits, when suggesting use of the former to deal with the adverse effects of a particular source of constraints on the ability to leverage the latter.