Mr Khan on 23 September 2012
| killerzX said: i thought it helped out poor people, since they have debt. and QE3 inflates the dollar, so they are paying back their debt with cheaper dollars? |
That is what i suggested as well (which i suppose is part of the reason they want to hike interest rates on student loans. Need to at least break even in real dollars, long-run). Presumably currency devaluation also makes American exports more competitive by default
Monster Hunter: pissing me off since 2010.
