You are viewing a single comment's thread from:

RE: The US Dollar is gapping down

in #news7 years ago

People forget that the money supply was doubled during the eight years that preceded Trump's election. That money never entered the economy because growth was so slow. Now that the economy is rapidly expanding, that money is flooding out, driving down the value of the dollar. The resulting inflation will likely be blamed on Trump.

Sort:  

It’s been a giant miracle that we haven’t seen he inflation since the QE began years ago.

There’s no doubt at all that this will be claimed on a trump. It doesn’t help that he’s not talking about this. If he actually explained what’s up, that might help.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.028
BTC 58447.11
ETH 2624.03
USDT 1.00
SBD 2.45