Damus
Chris · 32w
Exactly. Lower short term rates CAN induce monetary growth. But it’s not a direct correlation. QE (printing/expansion of feds balance sheet) has a more direct impact. (Again, oversimplified) No need to parse it more than that 🙏🏻😉
Lawrence Lepard · 32w
The banks print money by expanding their loan books. The create the new money ex nihilo. Out of nothing. My book covers this. Recent Tucker/Werner POD does too. The Fed prints reserves (QE) which aids the banks in printing money. It is all intentionally confusing. Guess why….