Shawny
Probably the best way to get the 'quick fix' is to just click the "New posts" button at the top of the page.
It will display all the topics posted in since your last visit.
Click on the topic for instant access.
Once you get used to it it's much quicker than waiting for the scrolling thread to roll around to topics of interest.
I'm not an expert but I was told it's not "banks" but the central / reserve bank buying government bonds, which is a critical difference to commercial banks buying government bonds, it's the government / central / reserve bank buying it's own bonds to put cash into the system. The money they buy the bonds with was printed yesterday, and if you let the process run wild you can end up like Zimbabwe with 1000% inflation, so the governments walk a tightrope trying to balance the rate they print cash with the rate of GDP and other external sources of income!
A friend I have likes to describe it as "Your backyard pool trying to fill itself with it's own water!"
The US Government writes itself an IOU every time it prints some more cash, one that will never be honored!
Governments and leaders always claim it is their doing when things are going well (and someone else's fault when they're not....).Yes, I have a contact formerly from the Aust Tax Office that would 100% agree with what you state. She tells me Gov Policy takes years to have any real impact, the stats from tax collection tell her about 6~7 years on average to put a number on it. So any policy benefit or detriment usually and nearly always comes long after the policymaker has gone! In effect that means someone like Trump or Scotty from Marketing are claiming the good work of their predecessors.
Funny thing is, economies go up and down regardless of who has the reins. And while Government policy plays a part, it is only a relatively small contributor in large Capitalist countries like the US. Do you think the big money-makers would have just shut up shop if Hilary had won?
The biggest problem is that Donald seems to actually think it is all down to him.......
Trump statistically has been a very successful president.
He's not respectable, but I have to say he's actually done the job better than anyone is giving him credit for.
Their economy is flourishing. Unemployment is down.
QE isn't printing money as such, its about banks buying govt bonds and driving down the cost of borrowing further and providing more stimulus to the economy. Its the last resort after interest rates have been driven down to nothing like we are slowly seeing... Next step is another GFC when share markets go bang with all this extra money inflating stocks...I'm not an expert but I was told it's not "banks" but the central / reserve bank buying government bonds, which is a critical difference to commercial banks buying government bonds, it's the government / central / reserve bank buying it's own bonds to put cash into the system. The money they buy the bonds with was printed yesterday, and if you let the process run wild you can end up like Zimbabwe with 1000% inflation, so the governments walk a tightrope trying to balance the rate they print cash with the rate of GDP and other external sources of income!