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> and increase inequality. Because quantitative easing is totally pro-equality?

• Mikeb85 13y ago
  > Because quantitative easing is totally pro-equality? Quantitative easing increases the money supply. Which does favour the lower classes more than the already wealthy (decreasing the money supply would favour the wealthy). So yes, economists would say it does favour equality. Keep in mind this is on a macro scale...
  • nullc 13y ago
    So depositing the QE money directly into Donald Trump's bank account would "favour the lower classes more than the already wealthy" because it increases the money supply? :)
    • Mikeb85 13y ago
      Depends how much of it Mr. Trump spends. Seriously though, it doesn't work quite like that... Edit - thought I'd be more helpful: QE is when the Fed engages in open market transactions, buying bonds, and thus putting reserve money into the market. It's not free money for anyone, certainly not for Mr. Trump, and it doesn't involve printing money...