Yes when the dust settles so to speak and the pandemic is brought under control
we will see the damage caused by these stimulus packages.
Bitcoin will be the clear winner, the safe haven against rising inflation and weakening FIAT.
Topic: Helicopter money, inflation and bitcoin price (Read 69 times)
Most of the be people who do need stimulus for real are not being able to get their hands on it due to corruption. The people who are able to actually claim their stimulus bills are not even saving them or using them properly.
The government is not even considering about student loans. The homeless people are not getting medical care of even a place to stay for the pandemic and then if the people are using the money in things like this then they should understand for a fact that they don't need it. Stimulus is supposed to provide for general wellbeing of the people during the pandemic and on the top of all this the debt of the US is ever increasing, every second is extremely cautious for them, which makes me want to question the whole thing again.
What they are doing is spending money, giving money to the part of the society who does not need them in the first place and this would prove very bad for everyone. Their economic situation is on the brim and with trillions of dollars in debts and no production whatsoever. I have no idea what the financial Ministers are doing at this time.
The government is not even considering about student loans. The homeless people are not getting medical care of even a place to stay for the pandemic and then if the people are using the money in things like this then they should understand for a fact that they don't need it. Stimulus is supposed to provide for general wellbeing of the people during the pandemic and on the top of all this the debt of the US is ever increasing, every second is extremely cautious for them, which makes me want to question the whole thing again.
What they are doing is spending money, giving money to the part of the society who does not need them in the first place and this would prove very bad for everyone. Their economic situation is on the brim and with trillions of dollars in debts and no production whatsoever. I have no idea what the financial Ministers are doing at this time.
The last stimulus to be approved by Friday in the US is around 1.9 Trillion dollars, with checks (money for nothing, AKA "Helicopter money") of 1400 USD. It has been proven from previous stimulus that this money is not being massively spent but rather funnelled into the stock markets and other - Other including Bitcoin.
Why the long term demand and price of bitcoin does include many factors, the link with the overabundance of USD is clearly a factor. However, there is no inflation at the moment, due to the very slow speed of circulation of that money.
What will happen when inflation start to be noticed again (the FED is actually keen on having at least a 2% plus)? And what when the interest rates rise if it grows to fast? Will the bonds start taking inflows thus reducing other asset prices or will bitcoin demonstrate to be an edge agaist inflation like gold?
Why the long term demand and price of bitcoin does include many factors, the link with the overabundance of USD is clearly a factor. However, there is no inflation at the moment, due to the very slow speed of circulation of that money.
What will happen when inflation start to be noticed again (the FED is actually keen on having at least a 2% plus)? And what when the interest rates rise if it grows to fast? Will the bonds start taking inflows thus reducing other asset prices or will bitcoin demonstrate to be an edge agaist inflation like gold?
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