How the World Money Printer Is Going to Save the Economy
Covid-19 spreading around the World causes not only the health care system collapse but affects the whole World Economy.
How are different countries going to resist the coming recession? Despite a big difference in measures, the common thing is the politics of QE. To support the collapsing economy, the Central Banks of different countries are just going to... Print More Money.
The Fed is going to print about 6 Trillion dollars, and the European Central Bank about 1,1 Trillion euros.
The infographics above show that banks are going to print around 9 Trillion worth of US$ in total!
Can this help the economy? Well, in the short-term, this may have an impact on it. But in the long-term, analytics predict recession time extension with these measures.
So what about Bitcoin
? Well, we hope you choose the right side of the road.