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As an outsider... back around 06, the US stopped releasing M3 (ie 'money supply'). They also pegged inflation at 2.0% or so (semi recent number).
Which to me is interesting, because how can you figure out inflation if you don't know how much money is actually outstanding?
The massive printing of money (ie free money) has had destructive effects on countries like India, Vietnam and about 20 other 3rd world 'ish' countries. Look at their currencies and stock markets. 'Obliterated' is as close as I can come to describing them.
This is, in a strange way, good for the US dollar. Money flows back from these countries to the USD. So in effect, the more money the US is printing, the more money is held IN USD (strange, but logical).
Who else can print money in the world and have it NOT effect their economy in a negative way? So rest easy people, this is actually a good move.
Anyone remember Bretton Woods? This smacks of it again. But this time the US will declare 'the dollar is being repegged and we are defaulting on our loan, try to do something about it world!'. I LOVE IT!
This is the US economy end game and it's perfect. The world will be helpless to a US default. 14 Trillion? Who cares?!
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