Germany must be forced out of the Euro Monetary Union.

Discussion in 'Economics' started by piezoe, Jul 17, 2015.

  1. piezoe

    piezoe

    QE can be used to increase the supply of money balanced against debt. But not directly. In the present example the money went essentially two places -- into bank reserves (money in reserves , by definition, is not in circulation), and into the Treasury to be used to fund various economic stimula. In the later case the inflationary effect was balanced by the recession to an extent that negligible net inflation resulted. Do not forget that QE is a reversible process, whereas actual money printing is not (well, I suppose you could burn the money you print. THAT would reverse it :).)

    Two things I could suggest: one is to read the entire Wiki article, carefully, the other is to read Thomas Piketty's nice book.
     
    Last edited: Aug 3, 2015
    #191     Aug 3, 2015
  2. are you kidding yourself? "None of the debt will be repaid" and "what cannot be repaid, wont". Are you serious? So you are telling us that for over 100 pages you are basically saying "what will happen will happen". You are not even slick you are just plain dumb and are too arrogant to admit it. Lol, what a joker.


     
    #192     Aug 3, 2015
  3. omg, you did not know the Fed literally burns cash it extracts from the system? Of course is money printing as reversible as is the identical money printing via QE. How delusional are you two kingpins of slippery debate really?

     
    #193     Aug 3, 2015
  4. Tsing Tao

    Tsing Tao

    What cannot be repaid, won't. It simply means that the country has no ability to pay back it's debt as currently structured. Said another way (because you need things broken down) the entire debt as it is structured is unserviceable in it's current situation. Could pieces be paid back? Of course. Only a jackass like you thinks I meant otherwise.
     
    #194     Aug 3, 2015
  5. Tsing Tao

    Tsing Tao

    The Angry Man making friends.

    [​IMG]
     
    #195     Aug 3, 2015
  6. Yeah and every kid knows that someone with a million dollar in debt most likely has the ability to repay at least a cent. You basically added zero value for many months which puts you in square territory as marketsurfer. I would not even be surprised if you two were one and the same. What a useless BS you are disseminating.

     
    #196     Aug 3, 2015
  7. Tsing Tao

    Tsing Tao

    If it was so obvious, then why did you pretend I was saying otherwise? Seems like the useless BS comes from you. In fact, all the insults you throw my way seem to be you "projecting". But that's ok. Continue projecting. I'm having a blast making you look like a monkey.
     
    #197     Aug 4, 2015
  8. I was hoping until the end you actually took a stance or held an intelligent opinion. I erred. My sincere apologies. I won't err again.

     
    #198     Aug 4, 2015
  9. Tsing Tao

    Tsing Tao

    You err all the time. It's a blast watching it occur in real-time.
     
    #199     Aug 4, 2015
  10. d08

    d08

    Is that why English TV channels produce documentaries talking about the German economy?
     
    #200     Aug 4, 2015