I think it’s a very interesting discussion what the US should do next as to how to stop the USD from going into a free fall.
It’s understandable that they want to print money to help the economy but printing money is never the solution cause it always causes inflation which is a bigger problem in the long run hen the recession will cause if you do nothing. I like to compare it with monopoly when you are playing and you cheat by taking some more money out of the bank at first nobody will notice and the game will continue like normal but later on in the game it will get obvious that there is way to much money in the game cause money keeps being added each time you pass start, I like to see this as the normal inflation, the inflation that everyone can handle and makes it possible for the economy to work but when somebody cheats by stealing some money out of the bank, or in this case by printing a whole bunch of money, it shifts the playing field in favor of the person who cheated. This can cause big problems in the long run as the money from the other players becomes less valuable. What I’d like you to take away from this is if the US government keeps printing money like it has been doing the last couple of months there is a big chance that is following in the footsteps of the Venezuelan economy only this time it’s not just one country which is going down but the world wide economy as economic markets are now so much connected that everything has consequences for everything.