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Re:Hazard pay in focus as essential workers earn less than t... by dlp211 on Thursday July 02, 2020 @10:19AM (#23713349)
The US does not generally print money the way Germany did in the early 20th century. While we do perform some small amount of monetary expansion through printing money in the colloquial sense, the vast majority is done by the Fed paying dollars for assets. The Fed will at a later point destroy said dollars when it sells back the assets.
Re:Hazard pay in focus as essential workers earn less than t... by Red_Leaves_Flyy on Thursday July 02, 2020 @07:10PM (#23719126)
Selling the ~4 trillion created is going to take a while. Though I have reservations about that happening at all. Iirc the last time the Fed tried to unwind their balance sheet the market panicked.
Re:Hazard pay in focus as essential workers earn less than t... by mixmastamyk on Thursday July 02, 2020 @11:35PM (#23720798)
Note the graph of the money supply in the pjc50 sibling post.