3 trillion deficit ?

[cindy25]

its already been 1 T $

add 1.3 for Wuhan virus bailouts

and reduced revenue due to lower payrolls, no cap gains

plus food stamps and unemployment benefits , and increased use of social security disability which are automatic

at what point does printing like this hit the tipping point ? and cause Venezuela or Zimbabwe style inflation

[kcchiefs6465]

its already been 1 T $

add 1.3 for Wuhan virus bailouts

and reduced revenue due to lower payrolls, no cap gains

plus food stamps and unemployment benefits , and increased use of social security disability which are automatic

at what point does printing like this hit the tipping point ? and cause Venezuela or Zimbabwe style inflation

Soon.

Fed lowered reserve requirements to zero starting in about a week.

This might just be the Krugminator of all fiscal events.

Markets don’t care and the Fed/Donald Trump are not in control. Withdraw and hold cash or better yet physical assets and wait for this to blow over.

Maybe in a year. With how they are talking, maybe by 2030.

[r3volution 3.0]

at what point does printing like this hit the tipping point ? and cause Venezuela or Zimbabwe style inflation

Maybe in a year. With how they are talking, maybe by 2030.

Round about 2030 is a better bet than next year.

The dollar's surged upward about 4% against foreign currencies, in virtually a straight line, since this started; it's also up dramatically against PMs.

It's more resilient than common sense would suggest.

[Anti Globalist]

Gonna be a bad day when we end up going the way of Venezuela.

[presence]

I'm actually very surprised by the power the dollar has vs PM's and bitcoin in a situation like this with multi trillion dollar deficit spending.

*baffled*

[r3volution 3.0]

I'm actually very surprised by the power the dollar has vs PM's and bitcoin in a situation like this with multi trillion dollar deficit spending.

*baffled*

Among other reasons, there are huge amounts of dollar-denominated debt around the world in need of servicing.

Those guys have to find dollars to pay their bills, no matter what the Fed does or what the long-term prospects of the dollar are.

This will change, but it's not a fast process.

[NorthCarolinaLiberty]

This is all a psychological snowball. There is no objective basis.

People will soon tire of sitting at home and taking care of their kids.

You can't put life on hold. Spring will be sprung in a few weeks and this will blow over.

And we'll all look back on the biggest embarrassment I've seen in my life.

But I could be totally wrong, too.

[enhanced_deficit]

This is going to be a game changer.