Comments by "Hobbs" (@hobbso8508) on "The wage side of the inflation story is something that's not transitory: Link" video.

  1.  @JigglyPuffMafia  That's not how GDP works. The P literally stands for product. Printing money has no effect on GDP.
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  2.  @JigglyPuffMafia  Ease of borrowing money is to do with interest rates, not printing money. In fact printing money works indirectly as it causes inflation and increased interest rates. Now what you invest the money in, THAT causes an increase in economic growth and GDP, but not the money simply being printed.
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  3.  @JigglyPuffMafia  "and what keeps interest rates low? Bond buying by the fed with printed money as well as additional fed asset buying policies." So not printing money, but buying things with said printed money. Thanks for making my point you utter pillock.
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  4.  @JigglyPuffMafia  That's not a technicality. Bond buying is one of many ways a fed can spend printed money. They could also use it to buy trillions in weapons during wartime. Just because one methods drops interest rates, does not mean all methods do. If you can't see the difference in that then stop all together.
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