4 ms·
You are right but they have only one tool left and that is to print money. Which is what the Fed has been doing for 18 months and why the stock market is only u
by snarf21 5y ago
You are right but they have only one tool left and that is to print money. Which is what the Fed has been doing for 18 months and why the stock market is only up and up as all this money is chasing equities. We are really about to find out what MMT can and can't do. If it can't, we could end up in a depression (not recession).
- long_time_gone 5y ago> Which is what the Fed has been doing for 18 months More like 13 years.