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Politics : Formerly About Advanced Micro Devices
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To: Rarebird who wrote (1449006)3/26/2024 7:33:14 PM
From: Real Man  Read Replies (1) of 1572492
 
Yes when you print money and give it to the banks and the rich, nothing happens. When you give it to the poor , inflation soars because they spend it all. I think it was a policy error around the globe. It’s curious that the central bank of Japan (BOJ) printed a lot and bought bonds, but they have no inflation. Instead the yen gets sold on Forex and all that money comes here bidding up the dollar and creating inflation.
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