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by baby_souffle
166 days ago
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> but tell me how this won't end up a disaster please. 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. |
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