/biz/ - Business & Finance

Smart anons - how long til global economic collapse?
>feds have monetary system on life support
>fighting deflation by printing trillions upon trillions, the numbers keep getting more absurd by the day.
>If they stop, massive deflation and depression, probably way worse than the 30’s
>if they keep going, hyper-inflation, 200 dollars for a carton of eggs
How long can they keep this alive, when does the dam break, and what does it look like?


>

Where were you when you found out that the Federal Reserve put America at the top of the global economic food chain during the the Coronavirus?

There’s a $13 trillion global shortage of USD because of all the money printing in other countries during the coronavirus.

How could this be?
The Yuan, Ruble, Yen, even the Euro, and every fucking currency have been too risky to borrow and denominate loans or bonds in, so everyone is doing it in USD. That’s why the Fed is doing “unlimited” support. Countries are getting into debt in USD (which also means we could now fucking starve any country we want, including China through minimal currency manipulation).

https://mises.org/wire/why-world-has-dollar-shortage-despite-massive-fed-action


Fire up the money printer, faggots. The Fed got us all more NEET Bucks. We can probably print $20 trillion more by the end of the year.

The funniest thing about this? The Russians and Chinese tried to go back to the gold standard, get off the petrodollar, sell US treasury bonds, and the Yuan and Ruble are doing horrible! They went with a gold standard instead of USD and it just ensured that more of their citizens will now starve.

>Tl;dr
>world is only using US Dollar for denominating loans and bailing out their own economies
>companies are only taking loans in USD
>there’s now a global shortage of over $13 trillion of US Dollars
>this means there’s not going to be any inflation because of the stimulus
>also means the US completely controls the global economy now


Lolbertarians BTFO. End the Fed fags BTFO. Cryptocurrency fags BTFO. Venezuela BTFO. Chinks BTFO. Russians BTFO.