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  #4995 (permalink)  
Old 05-04-2023, 10:45 AM
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Originally Posted by Unregistered View Post
I didn't know there was QE during Covid.

Never studied Economics so not knowledgeable about all these.

But when there is a crisis and stocks and property prices drop, that is the best time to go in and buy.
The current inflation problems stem from the monetary policies
During covid
Think about it. Economic standstill
No travel. People not working. No retail
Where did all the money printed go to?
Banks. And Tech.
Banks got so much money they lent at low rates to people
To buy houses.
Banks reported RECORD profits during economic standstill in
Understandable? Yes!
Now is pay back time.
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