1. It cannot force any enterprise or person to borrow more money.
2. It cannot differentiate between productive investments and financial speculation/malinvestments.
... 3. It cannot distribute money to households by dropping cash from helicopters; all it can do is make money available to banks.
Since it can’t do any of these, its powers in the real economy are severely limited."
#ekonomia #fed
http://www.usdebtclock.org/
#usa #dlug #fed #pieniadze #finanse