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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (46792)11/1/2010 11:19:41 AM
From: DuckTapeSunroof  Read Replies (2) of 71588
 
Re: [The Fed is pushing on a string.] "Not really. The fed can always dump money in to the economy in all sorts of ways...."

Unless they ever do one of those apocryphal 'Bernanke helicopter drops' they really can't drop money directly into the economy.

It goes into the banks' coffers. (Where, today anyway, it's sitting in reserves, mostly safely invested in government bonds....)
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