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re: Inflation to Rockering Stagflation - It’s going to get bad guys

Posted on 8/5/21 at 2:34 pm to
Posted by jonnyanony
Member since Nov 2020
10186 posts
Posted on 8/5/21 at 2:34 pm to
quote:

With the FED pumping money into the U.S. system, the dollar value plummets


How many years has this been going on now, though?
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 8/5/21 at 2:42 pm to
quote:

How many years has this been going on now, though?



a long time and the levels of QE we had was likely unsustainable before, but it has accelerated dramatically and the timeframe for dollar devaluation has accelerated with it
Posted by BooBearTigerMom
Louisiana
Member since Aug 2021
16 posts
Posted on 8/5/21 at 2:57 pm to
How many years has this been going on now, though?

The bills proposed and those pasted recently are for Trillions not mere millions or billions.
The gap between the haves and have nots is increasing and there’s no stop gap to reverse the trend. Research it yourself to see how printing and spending this amount of money is unsustainable and can crush an economy.
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