4 ms·
You would think so yes. Normally this might trigger a crisis of confidence and sharp inflation but a) the rest of the world is doing it too, b) the USD is the w
by grey-area 7y ago
You would think so yes. Normally this might trigger a crisis of confidence and sharp inflation but a) the rest of the world is doing it too, b) the USD is the world's reserve currency, c) we may suffer deflation due to the recession and fall in demand if it is long lasting.
It's hard to predict the consequences.