On: Federal Reserve balance sheet trends

[rapsey]

> The $1200 money isn't free, it is borrowed from future taxpayers.

That is a pretty outdated view. More like the money supply grew and everyone's money is a bit less worth.

[RobertoG → rapsey]

>>"[..] everyone's money is a bit less worth. "

Only if the economy is at full utilization. The reason for the stimulus is that the economy it's not at full utilization, ergo, there will be not accelerated inflation.

[rapsey → RobertoG]

Not now.