Andy
"So if QE is not money printing can you please tell me where the new money is coming from?"
In the context of a discussion about hyperinflation, it would be more important to ask where the QE money went. We know that it wasn't lent by the banks, and we know it wasn't invested by the banks. We know that all most all of it went back to the Fed in Reserve Deposits and payments for currency notes.
http://www.federalreserve.gov/releases/h41/
To say the QE is "money printing" like the Weimar Republic or Zimbabwe is totally misleading. Surely the absence of actual hyperinflation in America might have been a clue that something else was going on?
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