3 ms·
The core tool the FED has used to fight a crisis has been money printing, disguised in various forms. It keeps finding newer and newer ways to disguise it, all
by spaceman_2020 4y ago
The core tool the FED has used to fight a crisis has been money printing, disguised in various forms. It keeps finding newer and newer ways to disguise it, all of which essentially keep kicking the can down the road.
The results from this strategy will keep becoming worse and worse every year, however. Unlike 2008, America is too politically divided, there is too little distrust in USD after the confiscation of Russia’s reserves, and there are too many alternate currencies and power centres for the US to still print away.