What it's doing is shifting the spending power from individuals to the govn't.
So innovation / business creation may go down, -if folks think they can't keep what's theirs.
Other than that, – it appears it's a closed system. Money is not leaking in nor out of the system, – just who spends it, or who has it, and doesn't spend it (investment).
If you actually talked about lowering interest rates, – then folks would 'pull' money from their own future, – and spend it today (more-so). Hence that would be an increase in the (virtual) money supply (today).
What it's doing is shifting the spending power from individuals to the govn't.
So innovation / business creation may go down, -if folks think they can't keep what's theirs.
Other than that, – it appears it's a closed system. Money is not leaking in nor out of the system, – just who spends it, or who has it, and doesn't spend it (investment).
If you actually talked about lowering interest rates, – then folks would 'pull' money from their own future, – and spend it today (more-so). Hence that would be an increase in the (virtual) money supply (today).