☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Late Stage Capitalism@lemmygrad.ml · 3 years agoMore than 3 trillion USD has been created in 2020 alone, which accounts for almost 20% of all “existing USD” in circulationcorporate.nordea.comexternal-linkmessage-square6fedilinkarrow-up19arrow-down11
arrow-up18arrow-down1external-linkMore than 3 trillion USD has been created in 2020 alone, which accounts for almost 20% of all “existing USD” in circulationcorporate.nordea.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Late Stage Capitalism@lemmygrad.ml · 3 years agomessage-square6fedilink
minus-squareMuad'Dibber@lemmygrad.mlMlinkfedilinkarrow-up4·3 years agoOverall its a good thing, because its a really short term solution. In the long run the dollar will suffer for this.
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up4·3 years agoAbsolutely, this is just a knee jerk reaction to prop up the market and avoid immediate panic because US doesn’t really have any viable solutions to the problem.
Overall its a good thing, because its a really short term solution. In the long run the dollar will suffer for this.
Absolutely, this is just a knee jerk reaction to prop up the market and avoid immediate panic because US doesn’t really have any viable solutions to the problem.