. . . As a side note, the instance that happens . . . inflation would skyrocket . . .
From a
link in the linked article:
. . . If the Fed was worried about all that newly created money being pumped into circulation, it could always counteract the inflationary effects by selling off the $2 trillion in securities it owns from quantitative easing (thereby taking an equivalent amount of money back out of the economy) . . .
Hahaha sure, and maybe they'll hire Jesus to be their salesman too. So easy to sell off $1 trillion in non-liquid toxic assets, that's why the Fed bought them (and the trillion dollar coin) in the first place...
They obviously make good investments!!!! :-P
I think we're living in that parallel world xxjs was talking about, where we just turn jobs, use our imaginations, and everything just works...