Quantitative easing explained

 

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6 Responses to Quantitative easing explained

  1. Bruce

    Economics: The Dismal “Science”.

  2. Archivist

    That’s pretty good.

    “Dave. this is not going to work. Look, I just explained it to a bloke and he saw through it straight away.
    (pause)
    He’s not even in the banking racket!”

  3. Squirrel

    Sadly, the QE printers only take single-ply, so all the panic buying and hoarding will have been in vain……

  4. Bad Samaritan

    This is BS.
    Of course I know why this version of printing money is theoretically the same as the Zimbabwen or Turkish or Weimar Republic versions: the same amount of goods, but them being chased by a larger amount of money= extra demand = prices bidden up.

    Unfortunately I’ve been unable to discover US consumer goods prices being bidden up by all their trillions in QE. I’ve asked several times about this but been howled down on teh Cat.

    Has anyome got the answer? Where has the US QE dough gone?

  5. John A

    Bad Samaritan #3385469, posted on March 31, 2020 at 10:25 am

    This is BS.
    Of course, I know why this version of printing money is theoretically the same as the Zimbabwean or Turkish or Weimar Republic versions: the same amount of goods, but them being chased by a larger amount of money= extra demand = prices bid up.

    Unfortunately, I’ve been unable to discover US consumer goods prices being bidden up by all their trillions in QE. I’ve asked several times about this but been howled down on the Cat.

    Has anyone got the answer? Where has the US QE dough gone?

    Same as in Australia – into assets, mainly housing and the stock market and super/pension funds.

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