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by swagmoney1606
166 days ago
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There hasn't been a single point in my shorter life so far where things have been this out of control. The fed is supposed to be as non-political as possible. I know politics and the economy are intertwined, but tell me how this won't end up a disaster please. How do we get back to the USA we had even 10 years ago? |
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Unless you want to split hairs and argue that "disaster" is really only in the middle of the spectrum of plausible outcomes... then there is no outcome here that isn't a disaster.
At *best* this only moderately raises inflation in the short-term and somehow the rest of the world isn't shaken too much and the USD somehow still remains a reserve currency.
I'm in the "USD looses reserve currency status in 6-48 months" camp but there are some reasonable arguments against this.