Just read that 22% of all USD in existence were created in …

Twetch ·

Just read that 22% of all USD in existence were created in 2020.

That's definitely not a good thing.

Malinvestment abounds. It's just not yet clear where.

Replies

Twetch ·

https://twetch.app/t/d02042a17d9811c3c87d309c1ca383dee17406b4d6b035341b1ebeb2491a23a8

Twetch ·

Doesn't most of it go to buy government bonds? Literally the gov printing money to 'pay' for its own existence.

Twetch ·

I see talks that are more insane than ever, now it's not "just" 50% potential increase in a stock over the next "few months", now they're talking like it's all normal that we are going to see 3-5 times valuation increase in a stock over months.

Insanity.

Twetch ·

Remember when Trump promised to audit the Fed in 2016? Now hes bragging about trillions in stimulus checks. And voters are still supporting all this nonsense...