[oneru]

Written by someone who doesn't understand how the Federal Reserve works.

[irln]

Not challenging your assertion, however, what doesn't he understand about how the Federal Reserve works?

[jnwatson]

I don't follow. Unless you're firmly on the MMR bandwagon (which is still a small minority position among economists), printing money and giving it to corporations is ultimately allocation of capital that doesn't go to other productive uses.

[polotics]

MMR? Do you mean Modern Monetary Theory aka. MMT?

[me_me_me]

And devaluing purchase power of current money.