[fortheDeclaration]

‘stimulus’ another word for ‘inflation’

[fhayek]

'Stimulus' is also another word for 'magic'. These people apparently believe that strong economies are built by magic. If this kind of thing actually worked, no one would have to roll up their sleeves and get down to hard work. Why sweat building a business? Why worry about profit and loss? Why worry about innovation, productivity, or efficiency? Just keep pumping fake money into the system. What possibly could go wrong?

[BenLurkin]

It will eventually. The Left doesn’t seem to understand that printing more money does NOT — and indeed CAN NOT —make everyone wealthier.

[henkster]

Yes, the Fed is printing money to paper over the deficits, as the annual deficits we are running up now exceeds the world’s capacity, and increasingly the world’s willingness, to finance it. So we have to print money to ourselves. By putting it into the bond/stock markets, the Fed is counting on using those markets as “reservoirs” to hold the money out of circulation, which is the only thing keeping us from Weimar Republic-style turbo-inflation. They are creating the next bubble, in fact, they are counting on creating a bubble. When the bubble bursts and goes “poof” all the value disappears, and it’s as though they never printed the money to begin with.

I think that’s the strategy anyway. Looks good on paper, even if its worthless paper.