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Re:Break Up The Elite College Seats Cartel by ajross on Thursday June 02, 2022 @11:19AM (#31595963)
> 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