Comprehensive-Belt40 t1_jdcb3c3 wrote on March 23, 2023 at 11:36 AM

Everything is fine until it's not. Then when it is wrecking the economy, people will say nobody sees it coming.

Then later on, other people will come out stating signs were obvious.

Of course, the fed will cut interest rate and restart QE.

NarcolepticTreesnake t1_jdct1gx wrote on March 23, 2023 at 2:04 PM

And that will work until one day it doesn't...

Comprehensive-Belt40 t1_jdcvktw wrote on March 23, 2023 at 2:22 PM

Exactly.. I'm sure they will drum up something else.

NarcolepticTreesnake t1_jdcw7cn wrote on March 23, 2023 at 2:26 PM

I'm not sure what that can possibly look like besides giving away unlimited money without any collateral purchases. Not doubting that that could happen but that certainly could not go on for very long.

Comprehensive-Belt40 t1_jdcwiir wrote on March 23, 2023 at 2:28 PM

I think it will be a global effort to cover the lid.

Maybe that's when CBDC is out to ensure people spend money. The Chinese have a provision in their CBDC that gives expiration date to money in order to push people to spend.

Crazy idea?

It was also crazy that central bank can just print money as much as they want 50 years ago.

Time_Yam301 t1_jdfwn5e wrote on March 24, 2023 at 2:27 AM

The economy has never been "wrecked" in the US since the late 1930s.