Disliked{quote} Did you just call someone a trump or russian troll because they don't agree with you? I thought FF users were bigger than that. You are factually incorrect, money is being printed and spent as debt. It is not being printed and loaned out to other countries. China holds huge amounts of US gov debt hence the reason that 3 governments in a row now have whined about them messing with their currency. The Fed did not do a positive for the US economy, if anything in purchase power the US dollar has gotten significantly weaker by the printing. The...Ignored
Called them a Russian troll for sounding like a Russian troll. Check.
I did not say it’s being loaned to other countries. Hearing you say that, means you have no idea about international debt markets. just look at US rates and Emerging market performance. And then ask why. And then read some more. For your own good.
Im confused how China holds huge amounts of our debt. Yet you have the comment just before that. So again you and others have inconsistent understandings of things. The key word is inconsistent. You can’t learn without base logic. Get help
the fed absolutely did a positive for the economy. US and world. If you do not see that reality right now. You are hopeless. But I trust you’ll come around.
the fed has “printed” more than any other. Well. They are the central bank of a $20trillion economy. Sorry if it’s confusing how Australian didn’t print more. Seriously is this an argument? Russians are doing a number on the internet’s hearts and minds.
your Econ 101 from middle school sounds completely Austrian. 2 steps from contemporary economics bud.