Is Sound Money the Answer? with George Gammon (WiM268)
The "What is Money?" Show
The Redistribution of Purchasing Power
Four trillion dollars of quantitative easing in 2021 that was the redistribution of purchasing power is that the way you would phrase it because I'm trying bank reserves inflation like the terms I put out. all right so in the effort to get straight on our terminological thing here four trillion dollars of Quantitative easing in 2021That was the redistribution from one group to another and then Janet Yellen took that purchasing power from low velocity money into stimulus checks which meant a very high velocity money.
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