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A comment on Federal Reserve Now Projects Rate Increases in 2023 as Economy Heals. Parent comment

Re:Federal Reserve Now Projects Rate Increases in 2023 as Ec... by imtringued on Wednesday June 16, 2021 @06:02PM (#27533960)
The Fed only did the things that the US government forced it to do. It happens very indirectly through inaction.

Loans are pull based money creation. QE is push based money creation.

If the private sector, public sector and consumers aren't doing anything then the central bank has to pull us out of the clown world we desperately want to live in.

[ Parent | on HN ]
Re:Federal Reserve Now Projects Rate Increases in 2023 as Ec... by errantmind on Wednesday June 16, 2021 @10:36PM (#27535658)
How are they pulling us out of a clown world? If they use QE but the money goes towards assets / consumption instead of business development, all we end up with is more inflation without improving the economy. Window guidance could likely fix this but that is taboo
[ Parent | on HN ]