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Current money printing is approaching $16 trillion. That’s more than the US spent in its 13 most expensive wars combined. I use wars because they’re the most expensive things I can think of. Money printing for Quantitative Easing (QE) appears to have worked, so the plan is to load on a bunch more paper money.
Is there no limit? COVID spending is approaching $6 trillion so far. Poking the inflation bear is bringing inflation that will burst current stock and bond market bubbles that rely on zero interest rates to stay inflated.
Field of Study: Economics
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