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Re: Big Eli post# 308744

Thursday, 04/30/2020 11:58:53 PM

Thursday, April 30, 2020 11:58:53 PM

Post# of 385049
So I was able to hear some info on these Fed dollars from a reliable source at the Chicago Federal Reserve and where these dollars are truly ending up. All they are really doing is sitting on bank balance sheets as reserves in order to provide more liquidity for the ratios banks need to maintain to loan out to the public. So it may not create the inflation you’re thinking because it isn’t necessarily all in circulation. They were able to give the banks more security to loan money, so sure those dollars are out there, but if it’s sitting in a bank vault, it doesn’t cause inflation.
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