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re: The economy is just broken

Posted on 5/19/24 at 9:54 am to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11272 posts
Posted on 5/19/24 at 9:54 am to
QE and “ZIRP” don’t have any direct economic impact on asset prices. You can make a weak argument about market psychology but that’s it.

ZIRP is an observation that only the largest multinationals with monopolistic advantages are receiving loans. The Fed can’t force banks to lend.

quote:

We just injected those trillions and cheap credit into the economy for a laugh


We haven’t had cheap credit for decades and QE and ZIRP isn’t an injection of money.
This post was edited on 5/19/24 at 10:02 am
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