Printing money results in inflation of at least one asset. Equities eat up trillions of dollars of free money, and real estate hasn’t done too poorly either.
Also, it turns out when you close casinos and give millions of Americans a couple thousand dollars while they are bored, you might end up with a lot of extra trading on the side.
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[ 0.23 ms ] story [ 16.0 ms ] threadAlso, it turns out when you close casinos and give millions of Americans a couple thousand dollars while they are bored, you might end up with a lot of extra trading on the side.