If you need more background on the current state of monetary supply happening around the globe check out my previous article about this topic here. With the passage of the next US stimulus coming any day, Let’s look at a breakdown of the funds. Since March 2020 we have printed 4.507 trillion dollars. This amount of money is beyond comprehension, but let’s attempt to understand it. if we split the COVID-19 stimulus spending into a yearly salary you would be printing 514.5 Million dollars per hour. Sounds like unsustainable spending to me considering America’s GDP has been
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1.9 Trillion Reasons To Invest in…
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If you need more background on the current state of monetary supply happening around the globe check out my previous article about this topic here. With the passage of the next US stimulus coming any day, Let’s look at a breakdown of the funds. Since March 2020 we have printed 4.507 trillion dollars. This amount of money is beyond comprehension, but let’s attempt to understand it. if we split the COVID-19 stimulus spending into a yearly salary you would be printing 514.5 Million dollars per hour. Sounds like unsustainable spending to me considering America’s GDP has been