News for hackers. Stuff that matters.

A comment on The Fed now owns nearly 1/3 of all U.S. mortgages. Parent comment

Re:The Fed now owns nearly 1/3 of all U.S. mortgages by gaukes on Wednesday September 09, 2020 @02:08AM (#24417749)
The money they’re printing isn’t being circulated because people are keeping it in their bank accounts and reducing spending. I think we’re in for something when things return to normal.
[ Parent | on HN ]
Re:The Fed now owns nearly 1/3 of all U.S. mortgages by athms on Wednesday September 09, 2020 @04:01PM (#24425282)
Money in bank accounts is being circulated through loans. Examples of money out of circulation are coins in a jar, rolls of twenties under the mattress, or bags of cash next to the remains of D.B. Cooper.
[ Parent | on HN ]
Re:The Fed now owns nearly 1/3 of all U.S. mortgages by core-questions on Wednesday September 09, 2020 @02:53AM (#24418046)
If everyone starts spending, doesn't that increase demand, and therefore push the economy into high gear? Doesn't everyone want more business?
[ Parent | on HN ]