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Economy

sandensea

(23,368 posts)

2. I agree with you in theory (as you noted, ONLY for countries that can print hard currencies)

Reply to jwhitesj (Original post)

Fri Jun 29, 2018, 03:40 PM

Jun 2018

There is however the question of just how far the Fed can go; how many trillions can they print out of thin air before the currency (God forbid) collapses.

If it does, as you know, then you have an Argentina situation.

Anyone willing to put that to the test (some argue it was back in '08/'09, when the Fed printed $20+ trillion to paper over the wave of derivatives losses), is a braver soul than I.

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I have a question about taxes [View all] jwhitesj Jun 2018 OP

there are a small number of fringe economists who believe being a fiat economy is forever nirvana unblock Jun 2018 #1

I agree with you in theory (as you noted, ONLY for countries that can print hard currencies) sandensea Jun 2018 #2

One small point of order; A HERETIC I AM Jun 2018 #3