I think this is exactly what they want. Trump doesn't want a strong dollar. The only problem is that once it starts to slide, can they get it to stop in the sweet spot? Of course this is far away, but I reckon it will one day get out of control.
Things can go a bit in imbalance, but if you get over the limit, the boat will tip over and sink. Overprinting comes at a price. Getting over the tip is like Covid-19, it happens but in the beginning nobody feels it, it looks like it is not there. But when you finally feel it, it will be difficult to reverse the situation.
I dunno. As someone who likes the little pleasures in life I think cutting things like coffee and pizza is not that great
Agree with all except the fixing of exchange rates. Central banks can certainly influence exchange rates by the interest rates they set, but fixing them is enormously difficult as many a country has found over the past 50 years when their currency pegs failed disastrously.
Do you have full employment in the United States ? Or are all your unemployed too lazy ? Or is it due to the unjust Giral Money? Translated with pons
cap total weekly unemployment @ $500 and run it through jan/feb of next year they aint stopping that given current state of affairs live with it
Pay these people for an entire year and it may just maybe match the amount of PPP loans that were forgivable, not to mention the bond buying by the fed that helped plenty of peoples 401k.