Post
Topic
Board Economics
Re: Covid 19 protecting value of money
by
Natsuu
on 23/01/2021, 17:15:41 UTC
Covid 19 protectong value of money

Yee...tht true ! Now everybody knows this
If economy is locked down you can print a lot money
As long as you make difficult people 2 get money
Yall good

Covid is good for wealthy people

Money printing is supervised and accounted for everything they take out and they take in. So printing more money will just do more damage than everything especially to the economy as it will definitely result to higher inflation. So the COVID 19 protecting value of money is definitely false as ,
Estimates are that 22% of the circulating US dollar was printed in 2020.
Therefore, the value of money decreases in 2020.