Keynesianism doesnt work if the people are corrupt which most countries are. China pulled it off somehow.

Schizo chart, given that QE isn't monetary stimulus. All QE does/did was replace higher yielding less liquid reserves with lower yielding more liquid ones, decreasing economic growth overall yes in line with this chart, but on a smoothed average basis rather than a volatile immediate market crash. Which is precisely what the fed is supposed to do, protect it's democratic voter bases economic interest rather than let Europeans pump and dump your housing market for their own benefit like they tried to do.

>>61959363
Yeah theres that housing crisis snd whatever but since trump took office who knows what theyre doing. I suspect just giving openai a blank check with printed paper.

>>61959368
Those are fiscal decisions though is my point, monetarily the fed functions true to its role, and takes the heat often because banks and Congress need a scapegoat. The chart is right that low to negative economic growth leads to reforms or populism, it's incorrect that QE is the mechanism by which this happens. Plowing the majority of the countries networth into corrupt privatization schemes for the super rich billionaires and then swearing to god it will work if we just give them the scraps too seems to be a plan purposefully avoiding acknowledging how horrible this has gone for the last 40 years.

Listen to normies talk about their salary increases and home equity
wdyathink
debt forgiveness is the most ancient economic institution

>>61959313
Quantitative easing isn't even real.