re: #289 Gus 802

True but I’m not seeing much movement. The small business loans are still going out slower than molasses.

The economy is growing slowly and as I recall that is part of the plan. Remember near the beginning of the crisis and stimulus there was a lot of talk about hyperinflation? Mostly from the wingnuts and Paulians but we don’t hear much about it anymore. The economy is growing slowly which gives the Fed time to reduce the money supply. If the economy grows too fast the Fed can’t sell enough treasuries to sop up the extra liquidity.