So the money is printed and never has to be paid back? By anyone? Hell that does sound like a great idea. Why not print 16 trillion a month and pay off the National Debt in 30 days?
Isn’t the USA just taking out a loan of 85 billion every month from its own imaginary printing press? And if that loan isn’t paid back in real money.....it just dilutes the buying power of our money by a trillion dollars a year?
okay, I’m glad we the people don’t have to pay back these 85 billion a month. Just wish they’d print a few billion more of it and send it directly off to the working man....why not...they just printed it out of thin air?
Here is a question...how much does each 100 billion in QE increase inflation? Is there a calculator out there for that?
Thanks for your continued efforts to make these damn thing easier to understand.
It's not borrowed, so where would you pay it back?
Isnt the USA just taking out a loan of 85 billion every month from its own imaginary printing press?
The government is over-borrowing and over-spending, whether the Fed buys any bonds or not.
And if that loan isnt paid back in real money.....
If the government defaults on their loans, we're in trouble.
okay, Im glad we the people dont have to pay back these 85 billion a month.
But we do have to pay back the hundreds of billions that Obama will waste this year.
Here is a question...how much does each 100 billion in QE increase inflation?
No one knows.