Quote from: Mauser on January 10, 2022, 09:15:49 AM

Unfortunately this nothing really new. The US Dollar like many other currencies is printed by politicians to cover any shortfalls in their spending. For the government there is no real incentive to work on a balanced budget for each year because they can just cover any problems with new money. We have seen this in the past in US with their debt ceiling, it looks nice on paper, but in the end its not binding. Even though politicians should have different opinions from different parties, they work together on this. This is also why crypto currencies are so successful, the more money the central bank prints the more we looking for alternatives.

True! More the central banks are printing money, the inflation is increasing and the prices go up. If the prices are going up then the extra money printed is also worthless.
That is the reason for people opting for alternatives even though more currency is being printed.

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