Why the Fed's electronic printing press is not causing inflation?
Fed's electronic printing press is called sophisticated monetary policy.
Fed's assets were $2.31 trillion on December 2008.
Fed’s balance sheet today is $3 trillion.
Fed is purchasing $85 billion of securities every month.
U.S. Gross Domestic Product GDP is $15.9 trillion.
As of the first quarter of 2010, U.S. domestic financial assets totaled $131 trillion
Financial Businesses had $66 trillion.