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How to print money to help against recession?
Read somewhere that the Fed has cut interest rates to 0. It will So inorder to printing money to build purchasing power in the hands of people. How to make money available to people? It can not supply it to the banks whose rates are already low.Moreover this will not be offered more money to bring more inflation? Inflation is directly related to growth? That means there never an inflationary trend during a recession?
printing money creates an artificial boom in the sector where money is injected which is why there has been a boom in the housing industry last time – because it where the government injected money. But the artificial boom can not last – it must end in a bust. The bust is caused by the printing of government or expansion of credit, first, and is exacerbated by printing extra money to try to avoid the bust. No, inflation is not directly related to growth. For growth to take place, people have to produce more per unit of input. They do with capital. That's why you can produce more with a shovel with his bare hands – more capital. We get money by consuming less than we not produce – in other words – the savings. Inflate the money supply is in many respects the opposite of saving. It promotes consumption today at the expense of what people have saved. There may be a tendency in times of inflationary recession. A recession, economy – The total value of trade – is declining. Inflation means the total money supply is increasing. Thus, the total supply of money may be increasing at the same time as the total value of all trade is shrinking. The strategy of the Fed is childish, in that they believe that by printing money, we can create real wealth. We can not. It is not scientific because, although it does obviously no, they continue to do so. It is illegal because the Constitution provides no authority for the government to do so. And it is criminal, because it deprives population to pay for privileges for parasites. Government controls the money supply is a disaster and should be deleted immediately.
Cross Counter – Gootecks & Mike Ross — Power-Up Wrap-Up with Ian Cofino