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Bill Douglas Bill Douglas is online now
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Join Date: Jun 2000
Location: bottom left corner of the world
Posts: 22,875
Quote:
Originally Posted by McLovin View Post
What’s weird to me is that no one seems to ever mention or recognize that suddenly printing literally tens of trillions of currency worldwide is by definition highly inflationary (devalues the previously existing currency).
It’s like it never happened, or has no consequences.
Yeah, a loaf of bread still costs the same, it's just that it takes more of these "watered down" dollars to pay for it.
Old 02-05-2023, 12:07 AM
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