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Saturday, March 5, 2022

Does the FED print Money?

 I have been watching Emil Kalinowski for about the last year, he does a fantastic job as a youtuber talking about Macro economics and the banking system.


This excellent video really digs in about the FED QE effects, they do NOT print money, they only generates bank reserves.  Most people believe FED QE promotes economic growth, in reality it is financial repression every time they do a QE.  It does promote existing wealth, not new growth.   
Grab a cup of coffee, grab a seat in a quiet area, it is a dense listen.


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