I agree with DomoArigato about the Fed already buying up bonds(effectively monetizing the debt). However until they sell them we won’t see the effects of this. They are kicking the can down the road in effect. I’m not afraid of inflation as long as my company keeps me employed and gives me regular raises. I t effectively lowers my mortgage, it does however do more damage to the poorer people than to the rich. I think if the rich do not create jobs it will have to be done by the government and I hope they do it soon.
