Post
Topic
Board Economics
Re: Fed on brink of fifth(?) round of quantitative easing
by
NotATether
on 28/03/2023, 05:55:32 UTC
It is also called the Magic Money Tree. It's amazing when adults in jackets and ties, on whose decisions the lives of hundreds of millions of people depend, live and act on the assumption that money does not need to be earned, it can simply be spent recklessly, because it just appears out of nowhere.

What is more surprising is that various other goverments also believe they can print money out of thin air and everything will be find, copying the US. And I'm not talking about the infamous hyperinflation historical events - no, these are other first world countries with economists who actually believe its a good idea! (Even Peter Schiff for the record hates this abomination of an idea).