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by andrewflnr 4809 days ago 

  The government... will never run out of money.
Um, isn't that because it collapses first? Or at least prints money and causes huge inflation? We'd like to avoid that.
2 comments
stevenwei 4808 days ago
QE1 ran from Nov 25, 2008 to Mar 31, 2010. QE2 ran from Nov 30, 2010 to June 30, 2011. QE3 started Sep 13, 2012 and hasn't ended yet.

(Honest question here) I'm curious when we should expect to see the huge inflation created by the QE program, and why we haven't seen it yet if it began nearly 5 years ago...

Am I missing something?

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nl 4808 days ago
Hasn't the US government been printing vast amount of money over the last 3-4 years, with little appreciable increase in inflation?

Keyesians argue that money supply doesn't cause inflation on its own. Probably worth looking into that, since the predictions it provides seems to match reality pretty closely..

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brg 4807 days ago
One reason for the current benign inflation may be that there is no alternative currency with which to trade for US derived goods. Neither the rmb, euro, ruble nor even Canadian dollar are valid mediums of exchange within the US.

Meanwhile hyper-inflation in Russia in the 90's used the dollar as a stable currency with which rubles were exchanged for dollars. Hyper-inflation in Poland, Yugoslavia, and Bulgaria occurred in part due to easily exchange and convertibility of the Deutschmark.

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