▲ | trhway 3 days ago | |
If the US gets invested with such "virtual" ("out-of-thin-air", newly issued, etc.) dollars i guess it would be even worse as it would only inflate prices in US while not doing anything else. | ||
▲ | Yoric 3 days ago | parent | next [-] | |
Maybe? What we're discussing is clearly beyond my ability to grasp (macro-)economics. | ||
▲ | overfeed 2 days ago | parent | prev | next [-] | |
Being the biggest reserve currency has a little-discussed perk where the reserves lower the average velocity of money, which blunts the inflationary pressure of money-printing. Eroding trust in the US will deplete these deep pools of USD and will result in a more direct linkage with domestic inflation in the future. | ||
▲ | sharpshadow 2 days ago | parent | prev [-] | |
It is inflating prices but also doing a lot more contrary to nothing. |