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

[Syedbesharat 5423]

The American economic is in a great danger after fake pumo up and they have fought three wars constantly which cause them huge debt. Their econoyis collapsing and they are moving toward crypto and now implementing taxed at crypto users. They have don't any method for stable the economic of country. The paper money system is not not bringing any changes in current scenario. 

[annayks 2314]

All of these money will affect the taxpayers and create more poor and more rich inside this country, or in any country that does increase money and prints more without a plan.Money should be increased according to population increaseand production levels. Now we see money printed to counter a pandemic. I don't know how this will work at all.

[cryptovlek 2597]

The dollar is in big trouble.

 

This is the USA debt now, it is 135% of GDP. Other countries like Portugal Italy and Greece were doomed for 10 years of austerity and recession when the debt to GDP reached 120%.

 

Edited October 29, 2020 by cryptovlek

[noshot 154]

The american economy will have so many problems and it will be all by the guy that keeps saying what a great job he did for it. If they elect him again maybe it will be even funnier than before but not so funny for all the people that suffered. But Bitcoin will survive anything and the end of the dollar will be where Bitcoin begins.

Edited October 29, 2020 by noshot

[kryptonick 2659]

The US banks have already dropped a lot in price of their stocks and the rest stock market will follow. Their economy and everybody else is in recession and the market is in new highs. This is illogical and cannot be sustained. I would invest in gold Bitcoin and perhaps buy some ammo too just in case. You never know.

[Fixfin 2569]

This number was nothing compared to what happened this year. There is an uknown ammount of trillions pumped in the market and keeps pumping the stock markets this way. A big collapse can happen once this gap is noticed and the stock markets will need to return to prices according to economic growth in the USA.

[bogdanoff 3173]

There is a lot of talk of the federal reserve and how the governments and central banks around the world are trying to avoid the problems and all they did was to print excessive new money in their economies. The effects will be appearing a few years later. 

[Mella 3680]

And this was pre covid too so it is the fed went wild for a longer time and with the covid the fed under Powell send the money printer go br and demolish the usd. I am not feel very good for long term about the US but I am think with democrat government it will be better. It is hard to switch to a government without finishing 8 years term first in america.

[Alimhana930 1605]

This linkage and the decisions made by the US Federal Reserve will from now on allow banks to provide advisory services and sell various digital gold products to their customers, thus raising the ceiling of confidence to resort to buying cryptocurrencies, which until recently was the preserve of a narrow financial and technical elite. And bank customers will be able to request the preservation of the encrypted keys for their accounts in bitcoin and cryptocurrencies as a new activity for banking institutions in charge of investment portfolios, and the bank's role will be decisive to protect customers so that they do not lose these encrypted keys necessary to act in their savings from digital currencies.

[mzk7736 1592]

Printing of additional money leads to inflation and decrease in local currency price. Because more money come into the circulation. It can be good if they only keep it in their state bank and not circulate it in masses.

[Abdulrahman3 1252]

The Trump administration has worked throughout his tenure to print dollars without supervision, although the US dollar is the currency that is least affected by the economic deficit due to it being the currency in which import and export take place around the world, but this shows the extent of the economic weakness that America has reached in recent times.

[Quickbee 26]

Printing more notes is a bad idea for the economy. But since the USA is a big financial power, they will be able to overcome the pitfalls of printing more notes.

[Sykkuno 2887]

The yet unknown amount of trillions of dollars printed may create real problems for the american economy. It give a good stage for Bitcoin and the Bitcoin advocates used that to increase adoption, so big funds that were afraid of the results of higher inflation and devaluation of the dollar now invested in Bitcoin. The even better news is that these investors are holders and will hold perhaps even for decades.

[abohasnn9 2401]

My friend, despite the fact that the US dollar is the dominant economy, but despite this companies are very far from storing their money in them because of the annual inflation shown by the American government, as every year they print new pieces of their currency in all denominations worth billions Thank you very much

[Jack764 1841]

The injection of reserve currencies will lead to an inflation of the currency, and this will reduce its price. Therefore, when making such decisions, they must be studied well and we must benefit from the news.

[khan22 3478]

US reserve fund pumped good and in future they pump more it and i hope soon in the USA the crypto market is legal and that time market touch the sky and the Bitcoin touch the almost 1$ million at that time.