{"page":"<link rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" />\n<link rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" />\n<div data-title='Understanding the Fed&#39;s &quot;Money Printer&quot; (QE, the Stock Market, and Inflation)' data-url='/boclips/videos/61bdce734463272baf2abbfc' data-video-url='/boclips/videos/61bdce734463272baf2abbfc' id='bo_player_modal'>\n<div class='boclips-resource-page modal-dialog panel-container'>\n<div class='react-notifications-root'></div>\n<div class='rp-header'>\n<div class='rp-type'>\n<i aria-hidden='true' class='fai fa-regular fa-circle-play'></i>\nVideo\n</div>\n<h1 class='rp-title' id='video-title'>\nUnderstanding the Fed&#39;s &quot;Money Printer&quot; (QE, the Stock Market, and Inflation)\n</h1>\n<div class='rp-actions'>\n<div class='mr-1'>\n<a class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"><span><span>Get Free Access</span><span class=\"\"> for 10 Days</span><span>!</span></span></a>\n</div>\n</div>\n</div>\n<div class='rp-body'>\n<div class='rp-info'>\n<div aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'>&times;</div>\n<i aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'></i>\n<i aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'></i>\n<div class='rp-rating'>\n<span class='resource-pool'>\n<span class='pool-label'>Publisher:</span>\n<span class='pool-name'>\n<span class='text'><a data-publisher-id=\"30355311\" href=\"/search?publisher_ids%5B%5D=30355311\">Ben Felix</a></span>\n</span>\n</span>\n</div>\n<div class='rp-description'>\n<span class='short-description'>If asset prices reflect expectations about the future, the market rising should be viewed with optimism, but there might be less optimism, and there may even be pessimism, about a market that is being artificially propped up by a central...</span>\n<span class='full-description hide'>If asset prices reflect expectations about the future, the market rising should be viewed with optimism, but there might be less optimism, and there may even be pessimism, about a market that is being artificially propped up by a central bank. What if the central bank can’t print any more money and stock prices drop? And how can all of this money printing be good for the country’s currency? Referenced in this video: - Money creation in the modern <a href='https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy' target='_blank' rel='nofollow'>economy</a> - Money, Reserves, and the Transmission of Monetary Policy: Does the Money Multiplier <a href='https://www.federalreserve.gov/pubs/feds/2010/201041/201041pap.pdf' target='_blank' rel='nofollow'>Exist?</a> - Open Letter to Ben <a href='https://blogs.wsj.com/economics/2010/11/15/open-letter-to-ben-bernanke/' target='_blank' rel='nofollow'>Bernanke</a> - Evaluating Asset-Market Effects of Unconventional Monetary Policy: A Cross-Country <a href='https://www.federalreserve.gov/PUBS/ifdp/2014/1101/ifdp1101.pdf' target='_blank' rel='nofollow'>Comparison</a> - A General Equilibrium Approach To Monetary <a href='https://www.jstor.org/stable/1991374?seq=1' target='_blank' rel='nofollow'>Theory</a> ------------------ Follow Ben Felix on - <a href='https://twitter.com/benjaminwfelix' target='_blank' rel='nofollow'>Twitter</a> - <a href='https://www.linkedin.com/in/benjaminwfelix/' target='_blank' rel='nofollow'>LinkedIn</a> Visit the Rational Reminder <a href='https://www.https://rationalreminder.ca/' target='_blank' rel='nofollow'>website</a> <a href='https://rationalreminder.ca/books' target='_blank' rel='nofollow'></a> Follow the Rational Reminder on: - <a href='https://www.twitter.com/RationalRemind' target='_blank' rel='nofollow'>Twitter</a> Visit PWL <a href='https://www.pwlcapital.com/teams/passmore-felix/' target='_blank' rel='nofollow'>Capital</a> PWL Capital Blog <a href='https://www.pwlcapital.com/understanding-the-feds-money-printer-qe-the-stock-market-and-inflation/' target='_blank' rel='nofollow'>Post</a> Follow PWL Capital on: - <a href='https://twitter.com/PWLCapital' target='_blank' rel='nofollow'>Twitter</a> - <a href='https://www.facebook.com/PWLCapital' target='_blank' rel='nofollow'>Facebook</a> - <a href='https://www.linkedin.com/company/pwl-capital/' target='_blank' rel='nofollow'>LinkedIn</a> You can find the Rational Reminder podcast on Google <a href='https://www.google.com/podcasts?feed=aHR0cHM6Ly9yYXRpb25hbHJlbWluZGVyLmxpYnN5bi5jb20vcnNz' target='_blank' rel='nofollow'>Podcasts</a> Apple <a href='https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2' target='_blank' rel='nofollow'>Podcasts</a> Spotify <a href='https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA' target='_blank' rel='nofollow'>Podcasts</a> ------------------</span>\n</div>\n<div class='action-container flex justify-between'>\n<button aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'>\n<i class='fai fa-solid fa-align-left'></i>\n<span id='read_more'>Read More</span>\n</button>\n<div class='rp-report'>\n</div>\n</div>\n<div aria-labelledby='resource-details-heading' class='rp-info-section'>\n<h2 class='title' id='resource-details-heading'>Resource Details</h2>\n<div class='rp-resource-details clearfix'>\n<div class='detail'>\n<dl>\n<dt>Curator Rating</dt>\n<dd><span class=\"star-rating\" aria-label=\"4.0 out of 5 stars\" role=\"img\"><i class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"></i><i class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"></i><i class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"></i><i class=\"fa-solid fa-star text-action\" aria-hidden=\"true\"></i><i class=\"fa-regular fa-star text-action\" aria-hidden=\"true\"></i></span></dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt class=\"educator-rating-title\">Educator Rating</dt><dd><div class=\"educator-rating-details\" data-path=\"/educator_ratings/rrp_data?resourceable_id=45241&amp;resourceable_type=Boclips%3A%3AVideoMetadata\"><span class=\"not-yet-rated\">Not yet Rated</span></div></dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt>Grade</dt><dd title=\"Grade\">Pre-K - Higher Ed</dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt>Subjects</dt><dd><span><a href=\"/search?keywords=counting+sets+of+objects&amp;page=9&amp;search_tab_id=1&amp;subject_ids%5B%5D=1216220\">All Subjects</a></span></dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt>Media Type</dt><dd><span><a href=\"/search?keywords=counting+sets+of+objects&amp;page=9&amp;search_tab_id=2&amp;type_ids%5B%5D=4543647\">Instructional Videos</a></span></dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt>Source:</dt>\n<dd></dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt>Date</dt>\n<dd>2021</dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<i aria-hidden='true' class='fai fa-solid fa-language'></i>\n\n</dl>\n</div>\n<div class='detail'>\n<dl>\n<dt>Audiences</dt><dd><span><a href=\"/search?audience_ids%5B%5D=371079&amp;keywords=counting+sets+of+objects&amp;page=9&amp;search_tab_id=1\">For Teacher Use</a></span></dd><dd class=\"text-muted\"><i class=\"fa-solid fa-lock mr5\"></i>2 more...</dd>\n</dl>\n</div>\n<div class='detail'>\n<dl>\n\n</dl>\n</div>\n</div>\n</div>\n<div aria-labelledby='educator-ratings-heading' class='rp-info-section'>\n<h2 class='title sr-only' id='educator-ratings-heading'>Educator Ratings</h2>\n<div id=\"educator-ratings-root\"></div><div id=\"all-educator-ratings-root\"></div><div id=\"educator-rating-form-root\"></div>\n</div>\n</div>\n<div class='rp-resource'>\n<div aria-label='Show resource details' class='rp-show-info' role='button' tabindex='0'>\n<i class='fai fa-solid fa-align-left'></i>\nShow resource details\n</div>\n<div aria-label='Video player' class='player ie' id='player-wrapper' role='region'>\n<div class='relative container mx-auto' id='lp-boclips-visitor-thumbnail'>\n<a class=\"block\" data-html=\"true\" data-placement=\"bottom\" data-trigger=\"click\" data-content=\"<div class=&quot;text-center py-2&quot;><a class=&quot;bold&quot; href=&quot;/auth/users/sign_in&quot;>Sign in</a> or <a class=&quot;bold text-danger&quot; data-posthog-event=&quot;Signup: LP Signup Activity&quot; data-posthog-location=&quot;body_link_boclips&quot; data-remote=&quot;true&quot; href=&quot;/subscription/new&quot;>Join Now</a></div>\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding the Fed&#39;s &quot;Money Printer&quot; (QE, the Stock Market, and Inflation)\" href=\"/subscription/new\"><img class=\"resource-img img-thumbnail img-responsive z-10 lp-boclips-thumbnail w-full h-full lozad\" alt=\"Understanding the Fed&#39;s &quot;Money Printer&quot; (QE, the Stock Market, and Inflation)\" title=\"Understanding the Fed&#39;s &quot;Money Printer&quot; (QE, the Stock Market, and Inflation)\" onError=\"handleImageNotLoadedError(this)\" data-default-image=\"https://static.lp.lexp.cloud/images/attachment_defaults/resource/large/missing.png\" data-src=\"https://static.lp.lexp.cloud/images/attachment_defaults/resource/large/missing.png\" width=\"315\" height=\"220\" src=\"data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs\" />\n<span aria-hidden='true' class='flex justify-center items-center bg-white rounded-full w-16 h-16 absolute top-1/2 left-1/2 -mt-8 -ml-8 cursor-pointer z-0 border-2 border-primary drop-shadow-md lp-boclips-thumbnail-playBtn'>\n<i class='fa-solid fa-play text-primary text-3xl ml-1 drop-shadow-xl'></i>\n</span>\n</a></div>\n</div>\n</div>\n</div>\n</div>\n</div>\n"}