Post
Topic
Board Economics
Re: Fed on brink of fifth(?) round of quantitative easing
by
larry_vw_1955
on 01/04/2023, 16:18:51 UTC
I don't. I care about the fact that all my family and friends who don't own bitcoin will lose everything if the dollar goes to zero.
if the dollar goes to zero, that would pretty much mean no one has a job. who wants to work for $30 per hour when a loaf of bread costs $1000? owning bitcoin won't change any of that.

Quote
Countries like India, China, and Russia have used the dollar for international trade for decades. It looks like that will soon end.
As it probably should. The usa has bullied the rest of the world for too long.