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Please explain how monetary policy is "stealing money". Absurd tin foil hat caricatures like this often makes any reasonable discussion of the Fed and its role
by gph1 14y ago
Please explain how monetary policy is "stealing money". Absurd tin foil hat caricatures like this often makes any reasonable discussion of the Fed and its role impossible.
- bitcartel 14y agoThere is an argument that the zero interest rate policy and quantitative easing helps banks who are technically insolvent, at the expense of prudent savers like pensioners.