To: TobagoJack who wrote (169587 ) 3/17/2021 9:43:29 PM From: sense Read Replies (1) | Respond to of 218847 QE... not money printing... but an expansion of the pie... with only some getting any new pie. So, the lack of inflation, due to the lack of any liquidity driven by QE, or anything else, when we were in a depression in which there was too little liquidity, not too much.... should not be a surprise ? The QE was wealth transfer, without it ever containing any source of potential liquidity sufficient to enable any new wealth generation... no new competition enabled or arising outside the system of control already in place... meaning QE was also a purposeful diversion from doing anything in a policy that might work... to do anything other than allow those who already owned almost everything... to make an attempt at buying up the rest... while billing the rest of us for buying it. Cornering the money QE created by trapping it in non-liquid assets... leaves the risk that it might become liquid in a way that isn't controlled... ? So, if the QE leaks back into the economy, some how... ? But, oddly, none of it has ? Apparently, there is lots of discipline in that one, unique, corner of the economy.,.. and none anywhere else ? But, QE also contains the risk that having been cornered in the way it has been... it could also be disappeared in the same way it was created.... Since all the QE did to contribute to inflation was to help bid up asset prices... and the "wealth effect" didn't really solve any of the problems ? If the market crashes... the potential value to the economy of the QE stored in higher asset prices... evaporates ? QE gone. No inflation risk. Generating more deflation ? The banks are buying everything. And, when they, and those they already own, own everything else... it is still true that in a market crash the price of everything might implode... removing the dollar value of the QE from the system... but not removing the changed ownership of everything that was bought ? So, the plan being executed... is one to to make the wealthy wealthier... while imposing and using the deflationary depression we've had ongoing since 2008... as a pump of wealth to the wealthy... paid for by everyone else. And, a market crash will make that changed ownership and resulting greater control of everything... and the power to impose and sustain the depression... permanent ? Sure would be great if we could elect a corrupt doddering old idiot to distract people from the plan... and guarantee no interference ? The only thing an evil over-lord who already owns and controls everything could wish for beyond that... is an inherently deflationary form of money that ensures there will never again be a risk of the wealthy losing any of that ill-gotten wealth through the imposition of inflation... or a need to compete ? And, as the new corporate operated versus sovereign controlled money is being imposed... if it also enabled spying on everyone, and stealing their ideas... for the benefit of the corporate overlords... that would be great. Coming on top of the rest we can see now... it appears we are far closer to the re-imposition of another 1900 years long period of "consolidation" just like that seen between the Antikythera device and now...