Understanding the Fed's "Money Printer" (QE, the Stock Market, and Inflation)

Video Description

Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p If asset prices reflect expectations about the future, the market rising should be viewed with optimism, but there might be less optimism, and there may even be pessimism, about a market that is being artificially propped up by a central bank. What if the central bank can’t print any more money and stock prices drop? And how can all of this money printing be good for the country’s currency? Referenced in this video: - Money creation in the modern economy https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy - Money, Reserves, and the Transmission of Monetary Policy: Does the Money Multiplier Exist? https://www.federalreserve.gov/pubs/feds/2010/201041/201041pap.pdf - Open Letter to Ben Bernanke https://blogs.wsj.com/economics/2010/11/15/open-letter-to-ben-bernanke/ - Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country Comparison https://www.federalreserve.gov/PUBS/ifdp/2014/1101/ifdp1101.pdf - A General Equilibrium Approach To Monetary Theory https://www.jstor.org/stable/1991374?seq=1 ------------------ Follow Ben Felix on - Twitter: https://twitter.com/benjaminwfelix - LinkedIn: https://www.linkedin.com/in/benjaminwfelix/ Visit the Rational Reminder website: https://www.https://rationalreminder.ca/ https://rationalreminder.ca/books Follow the Rational Reminder on: - Twitter: https://www.twitter.com/RationalRemind Visit PWL Capital: https://www.pwlcapital.com/teams/passmore-felix/ PWL Capital Blog Post: https://www.pwlcapital.com/understanding-the-feds-money-printer-qe-the-stock-market-and-inflation/ Follow PWL Capital on: - Twitter: https://twitter.com/PWLCapital - Facebook: https://www.facebook.com/PWLCapital - LinkedIn: https://www.linkedin.com/company/pwl-capital/ You can find the Rational Reminder podcast on Google Podcasts: https://www.google.com/podcasts?feed=aHR0cHM6Ly9yYXRpb25hbHJlbWluZGVyLmxpYnN5bi5jb20vcnNz Apple Podcasts: https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify Podcasts: https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA ------------------