[padmanabhan01]

That is what makes it even worse. Those benefiting from that would be those who get to spend the extra money first and those affected are those that save. That would defeat the whole point of money as a store of value, since it would be losing its value.

[sethg]

That's a feature, not a bug. Keynes's whole point is that recessions are caused when too many people want to save and too few people want to consume. Putting more money into circulation puts weight on the other side of that scale.

[zargon]

The numbers tell a different story.

http://research.stlouisfed.org/fred2/graph/?chart_type=line&...

[frig]

Probably so; he was asking how money-printing defers costs and I explained it.