It's amazing that everyone is Ignoring Monetary Policy.

Current Events » in reply to The Economic Argument is Over---

RobVG — 4/28/2013 4:27:08 PM (archived)

The Fed's been buying "troubled assets", i.e. "printing money" Since 2008. Hundreds of billions of dollars a year. The action is removing risks from the banks that got us into this mess and it's providing them with more money to loan.

1.6 Trillion to date. I'm sure you understand the consequences.

This thing is not over.

The Future of Quantitative Easing

The whole thread (12 posts)

The Economic Argument is Over--- - ER - 4/27/2013 12:37:42 AM
- It's amazing that everyone is Ignoring Monetary Policy. - RobVG - 4/28/2013 4:27:08 PM
  - Banks have always loaned out more money than they had on hand. - ER - 4/28/2013 5:23:12 PM
- Follow-up - ER - 4/28/2013 1:32:52 AM
- Re: The Economic Argument is Over--- - Jody - 4/27/2013 3:45:50 AM
  - Completely unrelated story... - TB - 4/27/2013 5:44:52 AM
    - Just a change in the way things are calculated. - alcaray - 4/27/2013 7:38:58 AM
- "The only question now is whether the folks who have been arguing that we have no choice but to cut government spending while the economy is still weak will be big enough to admit that." - alcaray - 4/27/2013 2:57:42 AM
  - I never supported the cuts. They made as much sense as overhauling the health care system while we were in the depths of the recession. n/t - RobVG - 4/29/2013 2:18:27 PM
    - It makes way more sense than that. - BuckGalaxy - 5/1/2013 2:51:19 AM
      - And it makes even more sense than that... - ER - 5/1/2013 7:04:18 PM
  - That would be a first. - bowser - 4/29/2013 1:26:39 PM

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