The conversation between human and AI assistant.
Quantitative Easing: Why is QE used to buy Government Bonds? Why not give direct to consumers?
That makes sense. But do you think there are any downsides to using QE instead of direct payments?
There are potential downsides to using QE, such as the risk of inflation or devaluing the currency. However, overall, it's generally seen as a useful tool for stimulating economic growth and helping to prevent deflation. Of course, there are always trade-offs to consider, and policymakers need to carefully weigh the potential risks and benefits of any economic policy action they take.