Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
no, because when you artificially push money into the economy, you deflate the value of the dollar, and it needs to be reversed.
It might push up the GDP on paper, but it wont create a recovery.
Money printing is not inflationary though even if the banks hold on to the reserves. If institutions hold on to reserves, there's no inflationary risk.
Money printing is not inflationary though even if the banks hold on to the reserves. If institutions hold on to reserves, there's no inflationary risk.
Then how is it going to boost the economy if its simply being held onto?
So the fed will hand more money to banks who will turn around and buy up treasuries and get the taxpayers to pay em interest on it. The same game different QE. Up just went the gas and food prices yet again.
One month yeild on treasury notes is .09%. 40 billion a month handed out. Do the math and see how much the banks will pocket by doing nothing.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
