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Ctrl-F the above post. He wasn't talking about M2 money supply. He was talking about ZIRP and QE. Presumably 2008 QE1, 2010 QE2, and 2012 QE3. (Either talking
by dragontamer 3y ago
Ctrl-F the above post. He wasn't talking about M2 money supply.
He was talking about ZIRP and QE. Presumably 2008 QE1, 2010 QE2, and 2012 QE3. (Either talking about those, or preferring to ignore those historical moments). At least, all the online people for the last decade have been calling "QE1 / QE2 / QE3" the money printer. (You know, not the people who understand the economy. But the people who use words like ZIRP, Money Printer, and inflation in the same sentence).
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We have a complex economy with many issues. But the one thing I've learned is to never trust what the ZeroHedge doomers say.
Sometimes, the Hawks are correct. Sometimes, the doves are correct. But without a doubt, the conspiracy theorists will come out of the woodwork and complain about money printers or whatever (despite M2 declining this past year).