Submitted by Mega-Lithium t3_120143p in wallstreetbets
Waterfish3333 t1_jdh14ty wrote
Reply to comment by DYTTIGAF in Fed Balance Sheet by Mega-Lithium
I think there was a country in South America that tried this too? Can’t remember, think it starts with a V? Their currency now is literally worth less than monopoly money.
groupfox t1_jdhszdo wrote
Except half of the world keeps their assets in dollars, not V-dollars. So we can have printers go brrrr for a long, long time. Until we can’t.
Waterfish3333 t1_jdhvahh wrote
Yea… it’s that last sentence that scares the hell out of me.
groupfox t1_jdhvq1n wrote
Go get yourself second citizenship. Just in case, you know.
BlahblahOMG60 t1_jdksg14 wrote
True, but for how much longer ?
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