An Innocent Question Re: Fed Balance Sheet Expansion and Deflation

This is a follow-up to “24/7 Money Printing at the Fed? Misconceptions and Consequences.“ For a longer list of monetary / macro-related notes, please see the most recent related note here. My prior note regarding the nature of “money printing” sparked an interesting debate with a friend, which forms the basis of this current post. … Continue reading An Innocent Question Re: Fed Balance Sheet Expansion and Deflation