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> Spending and paying debt is inflationary, taxing and issuing debt deflationary. Don't these pale in comparison on the flows created by Quantitative Easing?
by oezi 2y ago
> Spending and paying debt is inflationary, taxing and issuing debt deflationary.
Don't these pale in comparison on the flows created by Quantitative Easing?
- yxhuvud 2y agoNo, not at all as QE didn't change the amount in circulation. From an inflationary standpoint they are mostly a no-op.
- JumpCrisscross 2y ago> QE didn't change the amount in circulation Amount of what? QE/T changes the amount of money and government debt in circulation.