Definitely not an economics expert, but yea I think this pandemic is one of those "events" where money printing is actually justifiable. But idk, maybe they're doing it a bit too much? If I understand it correctly the stimulus money is for the jobless lower class to have money to continue living; but then I've been hearing statements about people refusing to get jobs because they receive money "for free" anyway.
Because the pandemic continues, for nearly two years, one of the results I can realize is that the whole people are in debt.
The latest monitoring results of the International Finance Association (IIF) show that the epidemic has increased global debt pressure again. Last year, it increased by 24 trillion US dollars to a record 281 trillion US dollars, and the ratio of global debt to GDP exceeded 355%. The global debt record released by the IIF in January was once again refreshed, which far exceeded the data during the international financial crisis in 2008.
Time will give the perfect answer. Some things are not forced, and life is not if there is no hypothesis. The occurrence of a pandemic will accelerate people’s understanding of Bitcoin, will also change people’s ideology, and let it go will change the form of democracy. . Therefore, we do not have the ability to influence others, and to be ourselves is to make a little contribution to the crypto world.