@GhostOnTheHalfShell
Right, I mean that's what I was saying already to my Facebook friends in 2013 or something, but I'm not even clear on how QE accomplished it. I mean M2 growth turned on like a light switch around 1995, and QE just seemed to continue that. On a log scale money supply grew linearly from 1995-2019 despite all the financial baloney, dot com, mortgage, wars, and weird Fed policy. @anoneuoid@economics@a.gup.pe @djl