4 ms·
This helps middle class very short term, but would absolutely annihilate us medium to long term.
by rllearneratwork 6y ago
This helps middle class very short term, but would absolutely annihilate us medium to long term.
- ch4s3 6y agoDoesn't that depend on thing like foreign trade volume and long term demand abroad for US Dollars? I wouldn't suggest that we keep printing money at this pace, but it seems like for the moment there's more than enough appetite for the Dollar and it's trading fairly strongly against other currencies.
- anoraca 6y agoAny thoughtful reasoning behind that? Or just fatalistic absolutist predictions of doom?
- rllearneratwork 6y agomiddle class, long-term, needs to buy housing, educate their kids, and save for retirement. The price of all of the three above is rising very fast. Yes, there are other (different) factors for all 3, but too much monetary supply is one of them.
- uzakov 6y agoHow easy is it in the USA to get an academic scholarship?