Understanding the Roots of the New Inflation: With Rob Tarr
The Ayn Rand Institute Podcast
00:00
The Federal Reserve Buying Assets and Stocks
The federal reserve could theoretically buy anything and monetize it. Some central banks do that, so japan has bought something like ten % of their stock market now. The idea was the very cansian idea, let's get money into the hands of consumers. That well spark a business boom. Allegedly am. I think we've seen it spark more price increases than the businesssilin. But how to trace that if it takes a more deeper economic theory? Part s busines cycle theory is that when the fence printing money, manipulating interest rates, it gives false signals to business men about what actually will be productive. So you've consumed capital by building these factories. You've wasted capital
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