QE debt

Cancelled   4 votes - 80 %
Will eventually be paid back   1 vote - 20 %
 
5 Total Votes
QE and money supply by Herring (4.00 / 1) #1 Sun Dec 03, 2017 at 02:33:07 PM EST
IANAE and I can't find the graph I'm looking for, but I seem to recall that QE had very little effect on the broad money supply. It did have an effect on the M0/M3 ratio.

Where I was going with this was the idea of "people's QE" that the left of the Labour Part came up with - print money and spend it on useful stuff - if it had no significant effect on the broad money supply then it shouldn't be too inflationary.

In fact, if you consider CPIH as a better measure of inflation (as it includes housing), then stopping QE to financial institutions and starting "people's QE" could bring down inflation.

Sometimes I wonder if it would be interesting to study economics but they all seem to disagree with each other so ...

You can't inspire people with facts
- Small Gods

Well .... by Oberon (4.00 / 1) #2 Mon Dec 04, 2017 at 04:21:08 AM EST
Sometimes I wonder if it would be interesting to study economics but they all seem to disagree with each other so ...

That's why it's interesting, surely!


How now, mad spirit?
[ Parent ]
An economist... by ana (4.00 / 1) #3 Mon Dec 04, 2017 at 05:50:45 AM EST
 ... is someone who sees something working in practice, and wonders whether it will work in principle.

That works for astrophysicists also. I first heard it from a radio astronomer.

Or get rabies. Also don't do that. --scrymarch

[ Parent ]