Post
Topic
Board Economics
Merits 4 from 1 user
Re: Fed on brink of fifth(?) round of quantitative easing
by
un_rank
on 01/04/2023, 21:41:38 UTC
⭐ Merited by o_e_l_e_o (4)
Although many were also thinking that USD will hyperinflate like the Zimbabwe Dollar, the USD might not really go that low even if it will be debased.
Was anyone really expecting that? Two different countries with two different economies would not have the same result even if they perform the same actions, here we have different actions with the Zimbabwe situation and that of the U.S.A.
The U.S might be making brain dead decisions, but its economy can accommodate lots of such before it can sink into hyper inflation.

It's quite simple actually: USA should stop playing world police. There you go, 2 trillion $ of taxpayer money saved! Who would've thought, right?
They want to police the world so there is no one left to police them.

And of course with Bitcoin it would be nearly impossible to print so much money to fund wars (well, unless you're Satoshi and you want to donate your 1m BTC stash).
That would even be an unequal equivalent. One is being pushed into circulation from thin air and the other is already mined and just coming back into circulation after staying dormant.

- Jay -