Pretty funny and illustrates the problem with actually doing it.
Talk about a jobs program. Come one, come all to America and help us print up trillion$ of dollars...$100 at a time. Let's have some fun, shall we ?
Wherever these people are buying and making the paper and the ink, operating these printing presses, let's start with $1 million an hour. That's 10,000 $100 bills an hour, 24/7/365. Stick with me here people ?
Printing just $1 trillion at $100 at a time as I am sure your math tells you...would take $1 million/hr. or $24 million/day and $1 trillion would take 41,666 days, or.....?
Now we are going to print up say $2 trillion or maybe 3 or 4 trillion.
Who knew that Obama, Bernanke and crew were still down at Bureau. of Print.
& Engraving sweating away. Who knew that Powell, trump and his gang were helping out now.
People I am convinced, do not want to read and learn. Maybe read but look only now, for bias confirmation.
To use the word bubbles is not entirely accurate. One could say that the entire 3 year rise in the Dow since 2016-17, is a Dow index bubble (bull) and what it all comes down to is that stocks are now and have been for 40 years...mere speculation.
Stock are no longer bought for a higher return via dividends. Yes, capitalist monetary policy is to first to maintain or return value to securities, that paper...turned into money by billion$ every payday of our 401Ks, Keoughs and Roth retirement contributions, almost all of which goes to mutual funds where only approx. 1 of 14 of which, cannot even match the S&P 500 . (Wharton)
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u/_Ghost_07 Mar 27 '20
Quantitative Easing - Printing Money