[quote=Eugene]
It does not matter how much money the Fed is going to spend buying Treasuries, if the government is not willing to spend that money. The evidence so far is that every billion dollars of additional government spending has to face an uphill battle in the Congress. Come November, Democrats will probably lose 6 to 8 seats in the Senate and we can forget about any additional stimulus.
[/quote]
This is not relevant… the government doesn’t need to increase its spending for the mechanism I described to increase the amount of money in the economy.
