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Any <dollar_amount> "first time in history" event is not very interesting news because of inflation.
by heliodor 6y ago
Any <dollar_amount> "first time in history" event is not very interesting news because of inflation.
- wegs 6y agoIt's more the headline than the news. The news is pretty big too. $4.5 -> $7 trillion almost overnight.
- x86_64Ubuntu 6y agoDid you read the article or look at any of the graphs? The amount of money used has nearly doubled in 2020.
- heliodor 6y agoNo, I didn't. I can imagine what it's going to say (covid covid, government action). The headline wreaks of sensationalism (assuming the writers are indeed educated and bother to think through what they're writing). Not looking to encourage such headlines with clicks.
- chickenpotpie 6y agoCalendar shows highest date in history
- ISL 6y agoIt wasn't the year 1298 two months ago.
- baxter001 6y agoThat's not a very interesting observation due to everyone being able to work that out. The point here is the previously assumed additional round of quantitative easing now going to be so hot on the heels of the last in January the US may as well be a command economy.