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by NoPiece
4042 days ago
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Short answer: when you print money, borrowers and non investors lose money, while lenders and investors gain more. It creates more imbalance. It is more complicated than that. If you print money, borrowers (e.g. 30 year mortgage) can win, because they get to pay back their debt with cheaper dollars. If you have credit card debt, you are probably in trouble. People who have saved, and invested (e.g. bonds) can lose, because their investments are devalued. |
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