> QE is increasing the money supply.
So are home mortgages. So is giving your brother $200 to make rent. So is buying the AR-15 you've been saving for. The money supply is elastic, and responds to economic activity. Harnessing that truth as an engine of growth is the fundamental insight of modern economics.[1]
The contention upthread was some ridiculous hyperbole about "minting dollars out of thin air", and the truth is that... nothing of the sort is happening. At all.
[1] And by extension, arguing against it piecewise like this is tantamount to demanding we all go back to a barter economy backed by hoarded treasure.
Re:Break Up The Elite College Seats Cartel
by AlbertCory on Thursday June 02, 2022 @12:10PM
(#31596671)
.. and I suppose you're an adherent of MMT? [1]
Unfortunately for you, "printing money" is a meme that sticks.
[1] Magical Monetary Thinking
You are missing the forest for the trees. You know all the details but none of the big picture.
QE is increasing the money supply. Since you object to the pejorative "printing money" we can stop using that phrase. It's increasing the money supply.