Yeah,, give. The Fed created it out of thin air and is “loaning” it at negative real rates. And they will tell us soon it was all paid back. It’s a joke.
Let me lay down a beat and see if you can follow it. If the Euro is in trouble, and fiat money can be created without cansequences by US. Then why are we not seeing the EU central bankers just print up all they need for all the “liquidity” they need?
For bonus points, explain why counterfeiting is still a crime. North Korea supposedly printed 45 Million (with a capitol M!) in “supernotes”. This is about .005% of the money the Fed created out of thin air for the “stimulus”.
A swap means give?
The Fed created it out of thin air
Yes.
and is “loaning” it at negative real rates.
A swap means no interest at all.
And they will tell us soon it was all paid back. It’s a joke.
Why is it a joke? The swaps during the crisis were all paid back.
If the Euro is in trouble, and fiat money can be created without cansequences by US. Then why are we not seeing the EU central bankers just print up all they need for all the “liquidity” they need?
I don't think anyone said no consequences. And the EU central bankers can't print all they need, because they need dollar liquidity.
For bonus points, explain why counterfeiting is still a crime.
For bonus points, explain why you think the Fed counterfeits.