The U.S. Federal Reserve Pumped $108 Billion Into The American Economy

[babaji 1228]

That is what they do with Fiat currency, they print and mint it at will. So where is the ethics in that. it has to be measured against something, If I can just create and mint my own currency, they why wont I do that. I will keep doing that. how is that right. Hence Nakamato created the solution the question Bitcoins. No more than 21 million dollars. Nothing can do anything about it. 

[wijont 101]

Thats why we most effective invest in bitcoin because those authorities humans continually print fiat without any gold reserve even tho they claim its subsidized up by means of gold and soon the dollar will crumble and we will go through loads.

[Amir YT 202]

On 12/1/2019 at 2:39 AM, Cryptominded said:

That's exactly how they like it best - the ability to print money from tin air, which is one thing they cannot readily accomplish with Bitcoin or cryptocurrencies. What's more, the incidence and burden of every such decision gets passed to the masses. Surely, we shall not be needing to wait longer before the negative impacts are everywhere in America. What do you guys think?

 

https://news.bitcoin.com/despite-st-louis-branch-warnings-new-york-fed-pumps-108-billion-into-us-economy/

Big investors of crypto live in US. Whales always manipulate the crypto market for their own profit. Manipulation make lose begginer level persons. Because they don't know bout that. They can do it because of crypto low marketcap.

[Captain Karim 0]

Printing this money without economic progress or production that leads to inflation and the destruction of the American economy based on trust only, in Crypto they cannot do that and they must provide real work to obtain bitcoin.

[tienda 8776]

The bad things that can do the government to destruct  their countries when print fiat money, because of course printing money is not good and is considered a destruction of the country's economy and also their currency values will be destroyed.

 

[Abiaan 1209]

well printing more money is not good for a country but for cryptoworld it is good because it increases the purchase ability o the people and the price of cryptocurrency rises, this is how cryptocurrency saves the economy

[Thekingcallme 1975]

I do not think that this is a good idea to solve the economy crisis of the United States of America and this will make the value of the dollar decrease significantly, perhaps because of the injection of funds

[pablomarwan 3082]

It seems that there is a scenario that could happen if the money is printed down the drain like the decline in the country's economy and this is what they do not want to happen because they now need any opportunity to help improve their trade balance.

[Shaza Ahmad 1682]

Well they have been printing dollars for decades. A hundred years ago, an ounce of gold was equivalent to about $ 36, and inflation happens permanently because they print money at the cost of ink and paper only, and this is really unbearable.

[Opinder 1310]

Printing new money in economy is not good for long run. Even now USA is printing 6 trillons dollars to protect wallstreet. It could protect economy from present situation but it would have negative effect for long run. Value of usd would fall too much. And smart people who know about this they already moving to crypto as they know usd would loss its value.

[CryptoMaxim 3829]

On 01.12.2019 at 07:30, Naga said:

Thats why we only invest in bitcoin because those government people always print fiat without any gold reserve even tho they claim its backed up by gold and soon the dollar will collapse and we will suffer a lot.

If you really print and do not support it with anything then the fall will be very painful and the further the more painful it is. And cryptocurrencies really can't be printed. As the principle is laid down, so it goes.

[Rezort 846]

Well, such actions of governments are pretty common for many countries, and very often it leads to market faling for some time, so that is probably why crypto is better than paper money.

[magd 5231]

In my opinion, this method will reduce the value of the currency and suffer greatly from cash inflation, which is why we have noticed that Bitcoin officials are always working to get rid of the inflation that can happen to the cryptocurrencies.

[Honny143 13612]

According to my knowledge I know a incident like this I think Venezuela government also do this mistake, and they print so much paper currency and they want their country peoples millionaires, but unfortunately they forget when supply increase and demand decrease, so their currency drop the price and the face economy crisis, still also their economy not increase so print so much currency its good any country.

Edited May 24, 2020 by Honny143
Missing some words

[BTC Future 3946]

18 hours ago, nayon89 said:

Yeah you are right absolutely right. I am strongly agree with you. Printing more money can lead to inflation in the country. It may have some bad impact in the country. So in my opinion everyone needs to stop over printing money. There should have a balance.

In my opinion this time they had to do that. They had to take care of the people and the economy and there wasn't other way. The US had 1-2 million unemployed before the recent events, and now they have 35 million. Shops are closed jobs are lost they had to reduce the damage and this was the only weapon on their disposal. During a recession prices do not go up, as people stop spending. In fact what might happen as we've seen in similar cases is depression instead of inlfation or even hyperinflation. Some people do not see that and prefer to shill their bags with any disinformation they find. This makes other people that were interested in these bags lose their interest though.

[Virgil dijk 1431]

Printing so much money can actually destroy and ruin a country economy, so that's why most country avoid printing so much money because this can actually make the country economy to go down .

[Treat1234 0]

Too much money printing in a country will lead to a country to ruin there is no bad if a money is printed if the country is in economic recession.

[Moaz 7239]

Printing money in any country is evidence that there is inflation in the price of the currency and that the economy of this country is in a real crisis, but USA has a strong economy and has the best currency in the world, U.S. Federal  pumping 108 billion dollars is to support the American economy

[CryptoLover21 0]

The US federal reserve is doing everything they can to keep financial markets functioning. Pumping $108 Billion is not so huge amount for the the country like USA. In all, the new moves pump in up to $108 Billion into the financial system is an effort to combat potential freezes brought by the outbreak of corona.

Edited May 26, 2020 by CryptoLover21

[Omar Ommeish 4872]

Yes, I think that this has negative effects on the American economy and the global economy, because most countries are linked to their prices, the price of the US dollar.

[TimopheyKa 3900]

I don't quite understand why this system was created, because if the government specifically printed money, then there would be inflation, and it would be completely unprofitable!

[Cryptomint 433]

That was the good news for that time but now it is nothing for us. So requesting that to lock this post. This will be food for this forum.

[percare 3192]

108 billion is right now nothing for Powell and the FED. They are printing trillions and don't stop at nothing. They dollar is already half of what it was last year as prices of basic consuming goods are doubling in just a few months after the pandemic started. This is what the economy can't handle and the debt of countries will also be a big issue.

[yonkii 3205]

Imagine about that. And now we listen to 2 trillion dollars and 4 trillion more dollars, making the dollars printed look so bad that will create soon problems with the United states economy and I really hope that our governments are not sleeping and on autopilot as they are used to, but have a better plan to keep our economies without any problems from this.

[zhoutong 2188]

There are big problems with the corona virus and the economy will not be fixed by printing new money. Really which one thinks this is a clever idea.This will only create more problems for the future and I expect the next 10 years to be very difficult for all countries that take measures as these just to support stock market prices.