Unlimited Asset Purchases by the FED!

in #palnet5 years ago

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Dollarize the world! Lenders and Buyers of last resort. Basically the FED will own everything. I would say this is bullish for crypto and gold; well let's take a look what will happen with unlimited funds.

No cap on anything!

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Crypto is even liking this!I'm sure the stock market will help the 30% of people unemployed. Perhaps there will be a baby boom in 9 months! However, like my name I'm pretty bearish about what this means for the future. I would still believe hyperinflation will occur at some point.

Unlimited everything, including corporate bonds!! Japanomics people. If this announcement doesn't form a bottom, stocks will give up gains and we can continue the crash. Let's see if this 'unlimited' printed money forms a bottom.