3min chapter

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What's Going On In Macro !!??? Charts and More - Live 5/31/23 | E349

Bitcoin & Markets

CHAPTER

The Importance of Money Printing

Fiscal stimulus is not technically money printing because they're borrowing money that already exists. But by taking savings and spending it immediately, you distort the market. It's only that secondary effect of confidence building stimulus, short term stimulus. The Fed is by law forbidden from printing money. All they can do is an asset swap. They know that's exactly what they're doing. Others get bigger on the balance sheet, but that doesn't mean anything.

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