Post
Topic
Board Bitcoin Discussion
Re: What impact of printing a lot of money on inflation and Bitcoin
by
bgaf
on 27/03/2020, 02:07:40 UTC
We need more experts' input!!! Thanks.
I am not sure what answer you are looking for, but inflation doesnt work that way. You see figures that you did mentioned cant be followed because there are politicians who trapped those supposedly used money on goods and services. Production level on different sector cant increase it as we are having a huge crisis here. Same like what happened before, as you mentioned there is a huge dollar injection during 911 attack but inflation doesnt increase than supposed to be needed. Corruption is the answer. The money has been shattered into dots of those selfless politicians instead boosting one's economy. Nice discussion OP.