Everyone seems to be trashing US for printing money and causing inflation. If we look a the whole world, is there any country that was not printing during Covid? Or printing the least? What did that do to their economy so far?
Those who do not print, will loose the game, cuz will be bought out by those who print, thus, everyone has to print. Edit : PRINTONOMY How Not To Loose Wealth In 21'st Century Million dollar book title.
Switzerland, Saudi Arabia, Qatar, United Arab Emirates, all the rich countries or countries that are still in a warring state that don't really have the capacity to print money like North Korea, Syria, some of the African countries, or countries who have very low cases of Covid like Greenland
There’s the government’s strategy behind printing and not printing money. It’s important to go that way to ensure that money doesn’t lose its value.
%% I WALKED [not ran] into a local bank+ not wearing a mask [forbiden to,LOL]; + shocked there was a quarter [$00.25 shortage]. Only one bank..................................................most were OK............ And then i noticed a local metals dealer paying US $8 for silver dollars, but less than $2 for silver quarters/LOL. MY local insurance agent did not want to give me a printed policy on my comp auto insurance, so i left, polite like. NEXT day i went back got some more insurance quotes = told her i would give her US $1.00 for printing out my policy. WOW money talks\ she printed it[10 page policy] + i did not even have to give her the$1.00 Fed Reserve NOTE!!!!!!,!!