If the Federal Reserve prints up money (monetizes debt with fancy - TopicsExpress



          

If the Federal Reserve prints up money (monetizes debt with fancy words like QE) and uses it to pay uncontrolled spending at the US Tresaury, as a non wealth producing entity in the economy, then each dollar that is printed takes in its value from an existing dollar that is already being put to good use. This means that all that money the baby boomers have saved (i.e. $45 trillion bucks) that is being used in the economy for investment capital (i.e. 401k, Roth IRAs, etc.) buys less to help the economy recover and those who are using government assistance as our societities social safety net or pensioners can purchase less with their money. Most of consider that if we take something of value from another, we call it theft. When these assholes are doing it we call it stimulus.
Posted on: Wed, 16 Jul 2014 08:08:19 +0000

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