Message from @Capitán Alatriste
Discord ID: 607892133961138189
kek
@Capitán Alatriste what?
Why Quantitative Easing?
Printing money
It was called that last time
That's not quantitative Easing
@Dust those stickers look quite EDGY to me
@Capitán Alatriste educate me then please good sir
Hidden tax of inflation
Call it what it is
Right-wing stickers
Quantitative Easing is the Central Banks buying a shitload of debt at a massive scale. ie it involves the large-scale purchase of assets by the central bank
`Quantitative Easing is the Central Banks buying a shitload of debt`
with money that previously didn't exist
are you sure your union jack isn't upside down
i.e. increasing the money supply, or printing money
not necessarily by printing money
not literally printing bills
but the vast majority of money is digital now
so the distinction is meaningless
think like 85% of todays money is just ones and zeros
indeed around 90% or money is credit, the rest is cash
anyway back to the original point, QE absolutely was printing money
That is the main reason for US foreign meddling
They have the petrodollar as the world's largest currency
It's used everywhere in international trade
FED can then siphon wealth from the entire world by creating more dollars from nothing
If Hungary prints more forints, they will only steal from their own citizens
If US prints more dollars, they will steal from the entire global economy
It has the same effect as printing money, but doesn't print any more money
it a reason why every time a middle eastern nation have tried to trade it oil in other currencies they get a heavy rain of tomahawks missiles
That's why they want to have petrodollar hegemony
Exactly
Libya did get "liberated" when they wanted to trade oil in Euros
It's a stimulus measure used unconventionally, made very famous during the 2008 recession. It does involve pumping more money into the system, however without actually printing any more of it
`It has the same effect as printing money, but doesn't print any more money
`
the problem is you're speaking as though money is only physical bills,
Central Banks have massive amounts of cash and money reserves from the loans they give out to banks, they don't need to print
and yes a lot of credit as well