Unfortunately, the Fed has gone beyond linen paper with colored threads and printing presses. The various QEs were done by increasing the number seen on a computer screen.
This is analogous to you increasing the Gross Income amount your tax return.
Maybe the president could just proclaim every dollar worth 2 dollars or, the other way just 50 cents. (ridiculous)
Makes about as much sense.
Either way is a disaster.
Were selling the rope to hang us with.