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UNLOCKED Betting Against the Future: the economics of inequality w/ Gary Stevenson

Macrodose

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The Effects of QE on Asset Inflation

We spent a long period of time funding things somewhat indirectly with QE, right? QE starts in 2009. And it runs all the way through that decade. But that's a lot of QE with not much inflation during that period of time. So you can more or less get your central bank to just issue a load of new money and not get loads and loads of inflation. That's the reason why we don't normally fund things by printing a ton of money. Well, unless they save it.

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