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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Friday, 29-Nov-2024 12:36:48 JSTBowserNoodle ☦️ @ArmchairEconomist01 >They cant do QE "Quantitative Easing" with this raging inflation.
Why, or more specifically why can't they use a different type of action paired with QE? They're doing BASEL III to try and reduce mega bank influence and volatility on the economy. They can raise reserve reqs back to 10%+ on larger banks and add QE to force cash into more community banks for main street growth.