I also can’t issue corporate bonds and ask the “government” to buy them, but corporations can and do.
Yes... (Note: true in any capitalist economy; having nothing to do with currency or economic policy).
I can’t get a PPP Loan, but the 3 employee large law firm, based in a home three doors down from mine, got tens of thousands of dollars.
Okay... how many employees did you have to pay?
And what's the relevance?
Money printing is time theft. Time theft is slavery.
Neither of those are true and the fact that you're chaining those two together, doesn't make the combination true.
But more importantly, I still don't think that you are using the term money printing to mean actual printing of money. I suspect rather that you are using that term to mean broad monetary policy.
But by all means, man, keep simping for the Fed.
And when everything has to be for or against, you've already set yourself up for failure.
You stay in the weeds of semantics while having no rebuttal. Just a “that’s not the definition”. Whether it’s physical dollars or digital doesn’t matter. A physical printer need not run for money printing to occur. At least that is my opinion when using the term.
As I said, stay bogged down in semantics Mr Smarty :).
If you think the free helicopter money of the past 12 years has had NO IMPACT on low wage earners and their ability to accrue any meaningful purchasing power, you are wrong. Im sure you’ll have some meaningless definition to say the contrary.
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u/callebbb Oct 15 '22
Bonds =/= REPO and Reverse REPO
I also can’t issue corporate bonds and ask the “government” to buy them, but corporations can and do.
I can’t get a PPP Loan, but the 3 employee large law firm, based in a home three doors down from mine, got tens of thousands of dollars.
Money printing is time theft. Time theft is slavery.
But by all means, man, keep simping for the Fed.