that’s a key point.. printing money does not suddenly make up...

that’s a key point.. printing money does not suddenly make up for loss of economic gains

Money and sovereign debt is ultimately backed by the ability of the government to tax it’s citizens to make good on that repayment. With such a sharp reversal of economic output and less tax how is more money and more debt the solution.

It is such a simple concept yet it took me the best part
of a decade to understand it! Unfortunately the mainstream still thinks that money printing and more debt is the solution what is effectively now a solvency/debt crisis.

The FED is throwing the kitchen sink + whole kitchen at this because they know the game is up - they failed on raising interest rates to encourage borrowing after the GFC now unfortunately they are completely out of ammo to fight this crisis.

It is only a matter of time how long this false economy can carry on until the big global debt reset.

2 trillion or 20 trillion of stimulus is not going to make a difference.