Quote from: abhiseshakana on Today at 08:18:43 PM

Quote from: cryptoboss2020 on Today at 01:22:30 PM

What recession you are talking about?
the banks are printing money with money we can buy food and live good yes inflation will be hard the money purache power will be weak but then its just means people need to more work to keep up with the inflation.

if we have more money in circlation the consumers can buy more goods more services so the factories can start produce more goods...china can sell now even more everybody have more money and can buy more.

Recession means when no money in circlelation anymore!

Recession I mean, is the economic downturn caused by a pandemic.

Printing money is indeed something that is allowed and is not a mistake as long as the purpose of printing money is for the real sector and independent productive industries. It will be a disaster if printing money is used to stimulate direct cash assistance, to pay off foreign debts, or for imports. Especially if printing money to create demand by providing direct cash assistance so that consumption rises without being followed by an increase in the manufacturing industry, it will cause further congestion. If a country's manufacturing production drops to more than 50%, even though it is poured by money, how can it be bought and how is the mechanism of pouring out money to be right on target.

recession is not caused by pandemic,there was not enough cash in circelation even before the pandemic,
recession is happening when rich have collected most of the money and holding it at the end of the bull markets economic boom.

life is just game of monopoly and everything is just about money money and nothing else.
everyhting else is just a smoke mirror but money is where our attention should be.

its wrong to think that money is just for exchanging for goods and services.....nahhh... money is dictating goverments markets and everything.
if everybody can undestood this things then it would be harder to be rich and if everybody is smart then only solution will be war

when u cant take nice way you will use bad way.....but nowdays war is not needed !!!
not needed 90% of population is dumb as lamb ....even educated ones are so dumb so war is not needed anymore no competation you can do what ever you want and you can be who you want coz only few smart people in the world is left.