Jump to content

S&P Futures Crush Support Overnight - Here's What's Coming Next 8/19/21

Rate this topic

Recommended Posts

QE definitely is money printing. The money did not exist before the Treasury issued the debt and the Fed bought it or financed it by depositing newly imagined cash into the accounts of Primary Dealers. Yeah, it's an asset swap, but those assets didn't exist either before the US Treasury issued them. 

Again, it's double entry bookkeeping. Both assets and liabilities increased simultaneously. If the Fed didn't print the money, the prices of bonds would have collapsed from the pressure of $200 billion a month in Treasury issuance. 

Link to comment
Share on other sites

  • Replies 20
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Sorry, but I don't see it. And you could also say the same thing about the bull markets. The dollar and stocks usually rise together.  

On the face of it, there's little correlation, and if any, mostly in the same direction, not opposite. And there's no evidence of cause and effect, either way. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    No registered users viewing this page.

  • ×
    • Create New...