Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
would we be better off if the fed was putting 85 billion a month on the debt instead of the market?
8 Answers
- Working ManLv 68 years agoFavorite Answer
No! The way I see it fiat money damages everything it touches. Every dollar they print makes that dollar in your pocket worth less.
- SnuffboxLv 78 years ago
No. That money stimulates corporate activity, which in turn means more jobs. Most of the fed money is used to back the housing market.
- cosmoLv 78 years ago
LOL. If the Fed were doing what right-wing nutjobs said it was doing, the cost of gold in dollars would be increasing instead of decreasing.
If we were on a gold standard, the dollar would have lost 25% of its purchasing power (and the deficit would be 25% larger) this year alone.
- ?Lv 78 years ago
So printing money to buy debt is WHAT THE FED IS DOING…this lowers the interest rates on bonds and encourages people to buy stocks….and believe it or not, American stocks are the LEAST risky these days
- How do you think about the answers? You can sign in to vote the answer.
- 8 years ago
The FED lives for debt. That's what the FED is all about, collecting interest on the money it creates out of thin air and lends out at interest.
- ?Lv 78 years ago
we would be better off if the Fed was not expanding the money supply
and the government was paying on the debt.
- Anonymous8 years ago
The fed's quantitative easing works (imperfectly) to counteract the contractionary effect of President Obama's policies. Without that $85B per month, we would be in a long recession.
- Anonymous8 years ago
NO.
Source(s): IF YOU LIKE YOUR HEALTH INSURANCE OH WELL, OBAMA DOESN'T.!!!!