Comment Re:Helicopter Theory (Score 1) 256
And not only will the federal reserve not create inflation, Janet has been Yellen' about reversing QE (not that anyone believes anything the Fed says anymore). That would effectively take 4 Trillion (yes, with a 'T') out of the economy (though not all at once, hopefully). That would have the same effect as firms hoarding cash. Why would they do that? Because "mebbe' we need to do QE again some time". Which makes absolutely zero sense.
The problem is that the fed keeps screwing with the money supply. Firms then put their efforts into repositioning to take advantage of the new economic conditions rather than getting shit done. I'm not so laissez faire on fiscal policy or regulation, but monetary should be left alone. Let the economy reach equilibrium. Let us plan for the future with some sort of certainty at least on the thing people can control (the amount of money in circulation).