Anon Archived So it seems obvious that Tarrant was full-on 14 but not 88. (8chan)
submitted ago by 3108649?
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Archived on: 6/19/2019 10:00:00 AM
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Anon Archived So it seems obvious that Tarrant was full-on 14 but not 88. (8chan)
submitted ago by 3108649?
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[–] 17588373? ago
Economically, this meant an expansion of the money supply.
like FED is expanding money supply. now it is called QE.
Quantitative easing (QE), also known as large-scale asset purchases, is a monetary policy whereby a central bank buys predetermined amounts of government bonds or other financial assets in order to inject money directly into the economy.https://en.wikipedia.org/wiki/Quantitative_easing
oro course QE is helping rich to become richer because it is pushing up price of capital that rich people have (bonds, stocks) but it also helps middle class that have pension funds in stocks and bonds. reichbank was trying to help working class because it was injecting capital in development projects that were using laborers who were getting payed from that money. that is of course for oeffy bills. mefo bills were helping big industrial conglomerates like Krupp, Siemens, Gutehofnungshütte, and Rheinmetall.
while i do understand that it had positive impact for working class germans (and owners of Krupp, Siemens, Gutehofnungshütte, and Rheinmetall) it had consequences. the same USofA will have with money printing without collateral.