Kasz216 on 24 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 would only be the case assume that wages are going to increase with inflation.
Wages/Inflaton really seems to be more of a one way relationship.
Inflation increasing with Wages...
Wages... sometimes increasing with inflation, but only inflation created by actual economic growth.
