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>Tbf Jerome Powell et all had 0 control over the trillions in stimulus spending. Right, the fed injected trillions into the economy via monetary policy. Source
by 7speter 4y ago
>Tbf Jerome Powell et all had 0 control over the trillions in stimulus spending.
Right, the fed injected trillions into the economy via monetary policy. Sources to start:
https://www.reuters.com/article/us-health-coronavirus-federalreserve-mar-idUSKCN24E13G https://www.reuters.com/article/us-health-coronavirus-federa...
https://markets.businessinsider.com/news/stocks/fed-repo-trillions-added-to-fight-coronavirus-economic-risk-recession-2020-3-1028991278 https://markets.businessinsider.com/news/stocks/fed-repo-tri...
https://www.investopedia.com/government-stimulus-efforts-to-fight-the-covid-19-crisis-4799723 https://www.investopedia.com/government-stimulus-efforts-to-...
I don't have a final number but please stop spreading disinformation, whether in bad faith or not.
- imtringued 4y agoOk now what? Are you going to reduce the money supply? I don't think so. Nobody wants to reduce the money supply because that would be theft or expropriation or whatever convenient excuse. So instead there is inflation/expansion of the money supply.
- deleted 4y ago[deleted]