This is true, we're going to see deflation and prices completely drop due to the slowdown in spending and people losing their jobs. However, if things recover, we'll see massive inflation since unchained monetary policy has become unleashed. On top of this, what happens to all the nations holding USD? Will we see a massive influx of that wash back ashore? Another potential for inflation. Governments always prefer inflation because they can tax inflation, so they'll go far above simply staving off deflation and create more inflation. Either way the dollar dies in the end. This is a reset, the dollar is done. New dollar coming.
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chirogonemd ago
It's a kill-our-currency hunting party. We're gonna find that USD, and we're going to mount it on the wall with other dead things. Release the hounds.
onezeno ago
The dollar is surging. Washington is doing everything it can to stave off deflation.
ketoll ago
This is true, we're going to see deflation and prices completely drop due to the slowdown in spending and people losing their jobs. However, if things recover, we'll see massive inflation since unchained monetary policy has become unleashed. On top of this, what happens to all the nations holding USD? Will we see a massive influx of that wash back ashore? Another potential for inflation. Governments always prefer inflation because they can tax inflation, so they'll go far above simply staving off deflation and create more inflation. Either way the dollar dies in the end. This is a reset, the dollar is done. New dollar coming.
clubberlang ago