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A Take on #USD as reserve currency
#USFED #dollarindex #Dollar #dollarglobal #EURUSD #EURO
The Fed has printed more money out of thin air in just the last couple of months in 2020 than it has for its entire 107-year existence.
#USFED #dollarindex #Dollar #dollarglobal #EURUSD #EURO
The Fed has printed more money out of thin air in just the last couple of months in 2020 than it has for its entire 107-year existence.
Before February 2020 , the Western governments were in debt to an extent where it would have been impossible to repay.
What’s a bigger issue, is the debts that were accumulated before the virus and those debts now have been blown to sky-high proportions
What’s a bigger issue, is the debts that were accumulated before the virus and those debts now have been blown to sky-high proportions
The only way to solve that problem is to default on it outright or to default on it by virtue of an inflationary outcome.
post-2008 financial crisis, the "solution" to the problem was an extension of credit by the banking system.
post-2008 financial crisis, the "solution" to the problem was an extension of credit by the banking system.
