The issuance of money by governments and their central banks becomes a very appealing solution, especially in times of severe economic crises such as the one the world experienced in 2020 due to a pandemic. But history has shown that printing money in excess almost always ends badly. You don't have to go very far back in time to see the consequences of cranking up the machine. The best known and most recent example is that of Venezuela, where public spending began to be financed by the Central Bank with the issuance of banknotes; the result is that Venezuela has been experiencing hyperinflation for more than four years. The country closed 2020 with inflation close to 4,000%. And this makes sense because if in a country there is a certain amount of goods and in a short time the amount of money in the economy increases, prices will increase because there is much more money than before but the same amount of goods.
If the United States has issued trillions of dollars in 2020 and 2021:
why hasn't it suffered hyperinflation?
What is the limit for the U.S. to stop printing money?
why in May 2021 could the outlook for the US country be getting darker?
Videos used:
- Money printer go Brrr
• Money Printer Go Brrr ...
Other videos of interest:
- Zombie economy, courtesy: Central Banks.
• Economía zombi, cortes...
- Why is there a global container shortage?
• ¿Dónde están los CONTE...
Sources of interest:
- US inflation sees biggest jump since 2008
www.bbc.com/ne....
Music:
Whatdafunk by Audionautix is licensed under the Creative Commons Attribution license (creativecommon....
Artist: audionautix.com/
#economíaydesarrollo #moneyprinter
Негізгі бет Can the U.S. print DOLLARS forever? - Does it have a limit to stop printing and going into debt?
Пікірлер: 1,8 М.