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Exactly and I doubt QE will work now, there is a reason pyramid schemes don't go up forever
by chaosbolt 4y ago
Exactly and I doubt QE will work now, there is a reason pyramid schemes don't go up forever
- than3 4y agoI wish people would simply call things by the commonly known words that describe them. QE is money printing, and the trap of money printing is that eventually you run into issues where you inevitably have either a deflation spiral, or a hyper-inflation spiral once the store of value is no longer accepted for trade.