4 ms·
They can always pump more money to the market in different ways, but what is clear that is happening there is a shift on the dollar not being the world currency
by thiago_fm 7y ago
They can always pump more money to the market in different ways, but what is clear that is happening there is a shift on the dollar not being the world currency / international trade currency.
FED will have always more trouble to handle that. What will happen is hard to say, maybe some crazy inflation, or liquidity crisis... or something I don't care about. What I care about is that economy and money will be broken for a while which will make people move away from the Dollar.
- chosenbreed37 7y ago> What I care about is that economy and money will be broken for a while which will make people move away from the Dollar. Why though?
- thiago_fm 7y agoBecause if FED and US can't do a good job to keep their currency and country running properly, doing austerity when it is needed, not bailing out banks etc. Nobody will trust that currency anymore. No country in the world can run a $1 trillion deficit or 5%(?) of their GDP every year and not have consequences. This might be "okay" now, but this will create an effect that when people finally start to move away from the dollar, things will run completely out of control in America.
- meddlepal 7y agoAh so you want to see America collapse? That'll turn out great for everyone I'm sure.
- delfinom 7y agoThe fact you think he wants to see America collapse is part of the problem. People like you further contribute to not solving problems.
- drjesusphd 7y agoThis is nonsense. Predicted is not the same thing as wanting. If the economy runs on everyone clapping for Tinkerbell, we have more problems.
- newshorts 7y agoIf you live in the us, you would most certainly care about inflation...
- deleted 7y ago[deleted]