Quote Originally Posted by Reginald Perrin View Post
but I guess when you look at where the money comes from it spins around in the same circles, so it isn't such a waste. Plus they can always print some more and give it to the banks
About three or four months ago you discovered the existence of fractionated reserve banking. To say your knowledge of where money comes from is at a Janet and John level is an insult to Janet and John books and the preschoolers who read them.

The Fed recently ended QE. Why aren't we currently seeing skyrocketing bond yields, hyperinflation and so on, hmmm?


Not currently happening. Why not?