This is why the s$p is NOT sitting pretty under 1000
- Thread starter S2007S
- Start date
Food.
I think I'll have to start making it a bit more challenging. My style has caught on...
Nobody ever mentions the SNB buying stocks worth billions every month
I read it and it made not sense but the more i read it, the more I understand how true this is. It makes more sense than any other speech i have heard about our economy. By the way, my head is spinning too.I am no economist, let me ask you smart guys these questions:
In a closed economy (a reasonable assumption consider import and export are only a small % of the economy) when the government owes money to its people, isn't it like taking money from the left pocket and put it into the right pocket?
So, all those new printed money is in the pockets of its citizens? If most of the new money is in the hands of the 1%, they are not spending on essentials, there will be no inflation on essentials?
Conclusion, there should be no impact when the federal government keeps printing money?
My head is spinning.