Post
Topic
Board Economics
Re: Fed on brink of fifth(?) round of quantitative easing
by
Cuenta Alternativa
on 23/03/2023, 04:38:20 UTC
i read that 116,000 illegals came across the border in just 2021. so just for them, lets say each one of them runs up 5000 in medical bills and gets 10,000 welfare from the government. You know how much money that is? $1,740,000,000.

Perhaps if developed countries such as the USA were not plundering the raw materials and other resources of poor countries, people would not need to emigrate. Do you think people emigrate for the sake of it?

But I don't want to go off-topic in this thread about QE and the monetary system. In the end, what the FED and other central banks do is a flight forward, like the one who is drowned by loans and what he does is to ask for another loan to refinance the previous ones. It is a temporary solution to a permanent problem that will eventually explode.