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RE: The Quadrillion Dollar Economy

in LeoFinance5 years ago

Things are moving very quickly and weird to think we had a stagnation period after the Second World War. Normally wars increase development and technology, but this is not the case this time around. Abundance of wealth would be great to see not being tied up by a few but held by masses of people.

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The war led to enormous economic expansion which war usually does. For the US, this continued after the war. For Europe an Japan, well they were torched so they had to start from scratch.

Of course, most of the expansion took place in the last 40 years, a time when massive money printing kicked into action.

Few seem to realize this but money printing leads to technological expansion.

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