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In fact we printed 20% of all money ever printed because they couldn't go two weeks without normal cash inflow. Edit: This was just in 2020, and is true, doesn
by downrightmike 3y ago
In fact we printed 20% of all money ever printed because they couldn't go two weeks without normal cash inflow.
Edit: This was just in 2020, and is true, doesn't matter if you don't like it. We'll all be paying higher taxes now forever for it. And the value of the currency will devalue to the point where it is easier to payback, because that's what inflation does.
- notjoemama 3y agoWhich also means whatever you have in your retirement account will devalue and you’ll need even more money per month when you retire. To offset this, your salary and contribution amount needs to increase. Otherwise the net effect is you are getting a pay cut. Edit: my poor communication skills