If it's not moving, where is the inflationary pressure? You ever hear of the velocity of money?
If, and when, that pressure is relieved then too low of a discount rate would have added to the inflationary pressure upwards
What pressure? Oil is down over one third from the peak.
They're going to force liquidity into the marketplace at all costs
Like they are now?
They will also keep churning out bad loans just so somebody will buy something
Or they could buy debt already outstanding.
You and I obviously disagree. I’ve stated my reasons, but am not going to turn this thread into a pissing match between the two of us. The other readers of this thread can watch the events as they unfold, and decide then which argument was correct...