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

[Cryptominded 704]

Quote

On Wednesday, November 27, the U.S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more liquidity into the faltering U.S. economy, but economists from the St. Louis Federal Reserve branch say too much money-printing could lead the country into “economic ruin.”

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/

Edited November 30, 2019 by Cryptominded

[Migo 7946]

Printing money is not good for any country, it's currency values will be destroyed and the economy will go down, they need some help from time to time to save their economy 

[Naga 1250]

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.

[bentayebsalah 2280]

Printing money is considered a destruction of the country's economy and the price of the currency and therefore is not used by countries because it will return crises on them later

[Zzoro6110 19]

This is a bad idea and will destroy the US economy and put America in a crisis and it is bad to print money because it makes them lose value

[kyoukage01 3181]

18 hours ago, 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/

 

The gist of the article is: Stimulate America's economy: Print more money. Print more money: Bring Hyperinflation.

 

As the article explained, the U.S. tried to stimulate its economy by printing more money. Analysts have warned that this move will lead to hyperinflation, and this, coupled with the U.S. $250 trillion of debt, will lead to a very dangerous predicament to the economy. And then we have some advocates who wants the Fed Reserve to keep printing money to pay off U.S. debts.

 

I'll bet this isn't the first time the Federal Reserve did this kind of move. But can't they think of other ways of boosting their economy except this? The U.S. dollar may be one of the top fiat currencies of the world, but does printing excess U.S. money not make it subject to vulnerabilities like the fate of the other fiat currencies who did it too?

 

We'll be sure to expect a response from the big man in the White House momentarily.

 

And what happened to the trade war? Did the U.S. companies who have businesses in China relocated their production back to their home country, en masse? This was supposed to be the stimulus to revitalize the economy by bringing back the workforce to the average American, as it was touted anyway.

 

The U.S. debt is a ticking timebomb. The U.S. should do some drastic measures about it, and soon, because if it explodes, it will affect the world as a whole as well, the U.S. having the status as a superpower and all.

 

If we have anything to gain from this news, let's see if this will have a significant effect on the Bitcoin price. Some people today might have the bright idea of investing in cryptocurrencies if the thought of an eventual U.S. economic collapse scares them.

 

Edited December 1, 2019 by kyoukage01

[Cryptominded 704]

3 hours ago, bentayebsalah said:

Printing money is considered a destruction of the country's economy and the price of the currency and therefore is not used by countries because it will return crises on them later

I think you got that mixed up! The governments of countries across the globe are the one printing money out of thin air without any regard what harm their actions stands to tell on their citizens. Most of them are against Bitcoin and  most cryptocurrencies, because they do not give them such room to create money from nothingness or to falsify their transactions.

[hakimgentlemen 671]

The simple fact of printing on the printer leads to inflation, I have lived as much as citizen this situation in my country and the negative effects that resulted are a classic method of balancing the market, but with a disappointing result

[Cryptominded 704]

2 hours ago, hakimgentlemen said:

The simple fact of printing on the printer leads to inflation, I have lived as much as citizen this situation in my country and the negative effects that resulted are a classic method of balancing the market, but with a disappointing result

If we look around, there is hardly anyone country across the globe that does not suffer from inflation, some are even double digits while few are managing to keep theirs under single digit, but would that deter them from printing more money, the obvious answer is no, that's their backbone.

[Lepestok 9]

7 hours ago, Zzoro6110 said:

This is a bad idea and will destroy the US economy and put America in a crisis and it is bad to print money because it makes them lose value

In a crisis, everything will cost 2-3 times cheaper. This usually happens during a crisis. Everyone will sell, but there will be few buyers.

[kyoukage01 3181]

9 hours ago, Cryptominded said:

If we look around, there is hardly anyone country across the globe that does not suffer from inflation, some are even double digits while few are managing to keep theirs under single digit, but would that deter them from printing more money, the obvious answer is no, that's their backbone.

Japan suffers from the opposite: deflation.

https://www.japantimes.co.jp/opinion/2017/03/29/commentary/japan-commentary/the-truth-about-deflation/#.XeSiSa9x3bg

And not just Japan, some other countries have the same problem too.

https://www.tutor2u.net/economics/reference/countries-experiencing-price-deflation

 

But anyway, it's the countries' respective central banks' call to whether print more money or not. Their economists and other personnel better not screw things up, however. We already have examples of countries that did exactly just that and had it blew all over their faces for it.

[Cryptominded 704]

12 hours ago, kyoukage01 said:

Japan suffers from the opposite: deflation.

https://www.japantimes.co.jp/opinion/2017/03/29/commentary/japan-commentary/the-truth-about-deflation/#.XeSiSa9x3bg

And not just Japan, some other countries have the same problem too.

https://www.tutor2u.net/economics/reference/countries-experiencing-price-deflation

 

But anyway, it's the countries' respective central banks' call to whether print more money or not. Their economists and other personnel better not screw things up, however. We already have examples of countries that did exactly just that and had it blew all over their faces for it.

Governments in trying to tackle inflation by means of quantitative easing almost always end up creating inflation. In the case of Japan, its aging population and zero interest rate are the clog in their machine of progress out of their economic crises.

[Cryptominded 704]

Why does the same government on one hand that keeps harping about the threat cryptocurrencies holds to the economy looking the other while the real threat and that is massive in nature brews right under their nose? 

[bliznec 22268]

The United States is a very strong country and in terms of financial position inspires confidence more than it should. These numbers are very important for the economy. 

[Cryptominded 704]

On 12/24/2019 at 2:47 PM, bliznec said:

The United States is a very strong country and in terms of financial position inspires confidence more than it should. These numbers are very important for the economy. 

Yes the founding fathers built it on strong foundations, so it has no reason to not emerge as a strong country. However the U.S. budget deficit is now almost $1 Trillion and as of December 5, 2019, the U.S. debt stood at $23 trillion and a large chunk of that is owed to Chinese creditors.

Edited December 27, 2019 by Cryptominded

[vivek jain 308]

On 12/1/2019 at 2:09 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/

US federal reserve is the biggest enemy of cryptocurrency and blockchain.they will never want that people should use cryptocurrency otherwise who will use fiat currency dollar printed by them.they are worst enemy of cryptocurrency community.

[bliznec 22268]

17 hours ago, Cryptominded said:

Yes the founding fathers built it on strong foundations, so it has no reason to not emerge as a strong country. However the U.S. budget deficit is now almost $1 Trillion and as of December 5, 2019, the U.S. debt stood at $23 trillion and a large chunk of that is owed to Chinese creditors.

Can't the US pay its public debt and owe more to China? Not at all, but is it possible to get into debt to China without fulfilling your duty. It’s overkill and you need to pay a double rate, and where is the economy, it simply does not exist in front of the United States. 

[Cryptominded 704]

5 hours ago, Angel Medina said:

Injecting money works until he stops making it. According to most of the economic experts, when an economy falls into a recession, the central bank can draw her a money injection from the intervening deadlock. This thinking implies that the monetary injection can somehow make to grow up economy. In fact, the historic evidences in USA supposedly prove that cheap money policies definitely work. For instance, of stocking, between 1970 and 2018, required around 11 months before the increases in the money supply were followed by increases in the growth rate of industrial production. The so-called economic growth in response to a lax politics simply obeys the growth rate of the monetary expense and no the true economic growth. As economic indicators as the GDP and industrial production reflect the monetary expense, the more it is the money injected by the Fed, the ledger book will be the supposed economic growth. However, in the course of time, a situation can appear in which there are not passing grade generating of wealth due to persistent lax policies in money matters and district attorney, that they erode your capacity of generating real wealth. Logically, the real wealth that is generated can not be big enough to bear an increase in the economic activity. In this situation, neither a lax monetary policy, neither a lax fiscal policy can work.

That line of thinking obviously work well on paper and not in any modern day economy. Your recipe/remedy was given to Zimbabwe and Venezuela but did it get their economies out of recession or made matters worse? The only  time quantitative easing would lead to a turn around in a down trodden economy is when the money is channel into increased productivity, but not a chance if channeled to government expense. 

[AlexGreyCryptoman 73]

The fact that the US Federal Reserve has invested $ 108 billion in the US economy is very good for the country. But the main thing is that the United States does not begin to print money in large quantities without providing them with goods, so that the crisis does not recur as in 2008.

[pakjobhelp 1585]

The other country who accepted the worth and these countries invest in crypto currency and hold these coins for future benefit and slowly every countries accepted its worth and every person who work for crypto currency they have wish earn crypto.

[fuer44 1083]

of course printing money can cause extreme inflation because the amount of money will actually make the economy weak and the price of goods will be cheap. but I think it will be effective if applied in crypto, for example the company or team itself is pumping coins or tokens to increase liquidity so that it creates a great interest in pumping volume, it will be good because crypto is not directly related to commodities or the economy.

[rajonmia 181]

We know that printing money a lot and this money reservation is not good for any country. Sometimes that printing money show a big issue. But US first class country definitely they think a big plan. That's why they reserve money.

[mani982 286]

On 12/1/2019 at 3:29 AM, Migo said:

Printing money is not good for any country, it's currency values will be destroyed and the economy will go down, they need some help from time to time to save their economy 

Printing Hard money is not good for any country economically and when some country need money they print again as this way the value and worth off that Currency will go down.But in crypto currency all coins have fixed supply and we can not increase the total supply in crypto once generated. 

[Cryptominded 704]

17 hours ago, juttmani said:

We are all in the crypto currency so we all know that we do not like paper money so it is of no use and we can not get any profit from it.

I don't think paper money would become useless, because it has a role in complimenting cryptocurrency - no issue with that, but that of printing it without anything to back the amount printed is main problem and reason the current monetary system is a failure.

[MysteriousIdentity 150]

On 12/1/2019 at 4:39 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/

Your right so this is the best time for digital currencies to shine and we can expect that fiat will be replace by digital currencies someday. Printing money from thin air is very easy if the giants and powerful governments will decide though in crypto they cannot do it if they are going to use the current currencies but this scenario will occur again if they have control over the digital currencies especially if they will launch their own currencies.