What do you think it would happen if they did not print them? Everything would be fine and your USDs would be more valuable?
Post by twetch#2584
Case 1 Fed doesn't print money like fools: Depression.
Case 2 Fed prints money like fools: Depression, worthless USD, lost credibility, New status as third world nation and all that implies.
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- 635 507
- Time
- 2020-05-18T22:20:18Z
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- 17mNxa3wLR3UpkxzBHkTQ1ynn6boQ3zGjY
- App
- twetch
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- post
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- text/plain
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- twetch#2584
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What do you think is the effect of Fed support on diminishing the severity of the depression?
Fed only makes things worse. They have bogus tools: 1. change interest rates and 2. print money. Printing money creates inflation, albeit there is a delay. Manipulating interest rates prevents/delays the corrective behavior of the free market.
So, the Fed printing money and buying bonds would increase or decrease the severity of a possible depression?
Obviously increases the severity. Just like everything the Fed is buying , the bond market is turning to shit. So it's really just more veiled printing of money.
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