as the US dollar is a fiat currency (backed by nothing) they just print whatever they want, but on a computer of course; out of thin air...the RBA is now doing the same thing and buying bonds but they could be buying shares as well. should cause inflation down the track. can all this money printing stop the stock market from crashing and send it up even though a weak economy? if they print enough then yes it can.
Zimbabwe did this a while ago and sent the price of a loaf of bread from $1 to $100 Billion dollars....no joke...and Zimbabwe's stock market soared during this period
as the US dollar is a fiat currency (backed by nothing) they...
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Change
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