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Politics : The Trump Presidency
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To: Ms. Baby Boomer who wrote (166685)6/5/2020 2:01:09 PM
From: Jamie1531 Recommendation

Recommended By
Ms. Baby Boomer

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It'll be interesting to see what happens. The Fed debt is almost $7.2 trillion. At some point, they have to stop buying and start selling. Then what?

QE made sense when banks needed to stabilize their balance sheets after they made trillions in bad loans, but I'm not sure what their goal is this time around....just spend?

If spending/economic growth is what they want give us all $10k and watch how fast we spend it. It'd cost only $2 trillion (less if we don't give money to the ultra rich).
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