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There will be no crash as we have demonstrated that you can always print money
by dmode 6y ago
There will be no crash as we have demonstrated that you can always print money
- sleepysysadmin 6y ago>There will be no crash as we have demonstrated that you can always print money One of the best metrics to see this: https://tradingeconomics.com/united-states/central-bank-balance-sheet https://tradingeconomics.com/united-states/central-bank-bala... Basically in a fiat currency the very last place for debt to go. You can clearly see when the financial crisis happened and how the USA never really recovered from it. Then you can see when the covid recession hit. https://tradingeconomics.com/venezuela/central-bank-balance-sheet https://tradingeconomics.com/venezuela/central-bank-balance-... There's only 2 ways to see where this goes. It means bankruptcy OR major inflation. Biden government will decide which they choose.