Intel Corp (INTC)

[Windsock]

You are correct. Elmer is not correct about his "printing money" explanation and is just distributing some of his ideological talking points. Of course one dare not identify the source of the misguided theories because that would be partisan and forbidden.

Here are some facts: The Federal Reserve can not print money. The Federal Reserve can expand the money supply by buying bonds as you point out and that is called Quantitative easing.

Here is a good explanation of Quantitative Easing and how it can be used in theory to expand the economy:

http://en.wikipedia.org/wiki/Quantitative_easing