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RE: US Government printed more money in 30 days than over 200 years

in LeoFinance11 days ago

I don't know what effect this latest Fed fuckery will have, but it won't be good in the long term. Best case scenario: inflated stock market and real estate prices are maintained while everyone suffers relatively low price inflation. But that's not likely when the economy is also suffering lower production and trade due to COVID-19. More dollars chasing fewer goods and services is a recipe for potential disaster. The real result will probably be somewhere on between.