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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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17868643 No.17868643 [Reply] [Original]

The money printer should keep going brrr. Think about this:
>Under normal circumstances, printing money like crazy would lead to speculators shorting your currency and investors moving to other currencies to hold their wealth
>But right now literally every other currency, even the Euro, is getting fucked in the ass. This means that any short would be liquidated, and no real investor would be retarded enough to switch from dollars.
>Assuming a worst-case scenario let's say that the dollar just retains its value (it's actually appreciating)
>Every new dollar is literally increasing the economic power of the US
>The US is distributing this free power to the banks
>The banks will, in turn, distribute it to the people via loans
>Trump and the FED literally used a pandemic to short the Eurozone and enrich Americans

How can one man (and one reserve) be so smart?