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>> No.18307368 [View]
File: 52 KB, 644x596, 1.75T.png [View same] [iqdb] [saucenao] [google]
18307368

https://www.federalreserve.gov/faqs/currency_12773.htm

So, this is how much money is in circulation. A cool 1.75 trillion. The government was talking about a 2 trillion injection. Obviously, most of it won't be in hard cash, but it still will be a decent amount in cash, to prevent banks from being unable to provide money in withdraws for one thing.
Still, by the looks of it, at least 700 billion will enter circulation. That itself means a flat 40% inflation. Obviously, that's not how inflation works, but let me tell you right now: short of a miracle, the inflation rate for the next year should be over 10%. Americans don't even know how to save money, a majority doesn't even have over 1000 dollars in savings.
Maybe it will be fine. Across the globe the dollar has been extremely valued, so maybe there's enough demand that inflation won't propagate domestically. But, unless you start consuming insane amounts of imports, I don't see how you'll avoid an inflation.

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