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The Federal Reserve Is Now Printing $60 Million Every Minute

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The Federal Reserve Is Now Printing $60 Million Every Minute - BeInCrypto

The Federal Reserve Is Now Printing $60 Million Every Minute
By Anton Lucian
28 March 2020, 23:15 GMT+0000
Updated by Gerelyn Terzo
28 March 2020, 13:26 GMT+0000
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IN BRIEF
  • The Federal Reserve is printing some $60 million every minute.
  • Previously, the Fed had assured savers that it has "unlimited cash."
  • What will be the consequences of this money printing spree?
When will USD become toilet paper?
 
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When will USD become toilet paper?
Not anytime soon. It's still the largest reserve currency of countries including China. You should call up your fellow countrymen to excavate the "ending dollar dominance" thread on PDF that has over a hundred pages of wish lists.
 
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Not anytime soon. It's still the largest reserve currency of countries including China. You should call up your fellow countrymen to excavate the "ending dollar dominance" thread on PDF that has over a hundred pages of wish lists.
I personally not keeping any USD. Never knows.............when the bubble pops.
 
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The Federal Reserve Is Now Printing $60 Million Every Minute - BeInCrypto

The Federal Reserve Is Now Printing $60 Million Every Minute
By Anton Lucian
28 March 2020, 23:15 GMT+0000
Updated by Gerelyn Terzo
28 March 2020, 13:26 GMT+0000
Share Article
IN BRIEF
  • The Federal Reserve is printing some $60 million every minute.
  • Previously, the Fed had assured savers that it has "unlimited cash."
  • What will be the consequences of this money printing spree?
When will USD become toilet paper?

When world stops trading in dollar. Even if they print billion dollar a minute in current envoriment it will not loose value simply because other xountries ill buy dollars.
 
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Thanks, this will only take the prices of Bitcoin and other cryptos upwards.
 
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When world stops trading in dollar. Even if they print billion dollar a minute in current envoriment it will not loose value simply because other xountries ill buy dollars.
No. It's all a matter of time.
 
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China has to get nations around the globe that are for freedom, to be against bitcoin and litecoin. That bitcoin cannot be the next world reserve currency or global currency. That there is too little this trackable and traceable worthless entity and would enrich only a select few and bring impoverishment for those who did not buy low. You can't have a worthless ponzi scheme, backed by the void, replacing a printing machine. Euros should be the next world reserve currency (or gold and silver). People had 20 years to buy some gold and silver on news of a soon crashing of the dollar, and central banks are loaded with gold. Euros secured by their gold reserves is a good next global currency. And if Europe does not want this, then gold and silver.

China has to be pro-active, or else 1 billion yuan would be worth one bitcoin. That is the insanity of cia bitcoin mania. You have to actively stop it, because cia has been actively pushing it for the past 11 years, especially to get investors to stop investing in gold and silver, and instead buying cia bitcoins. The yuan is virtually worthless against these even more worthless bitcoins. That is the global order China is facing, and it is going to get a million times worse.

The cia got those actively betting against the dollar for the past decade and some, to instead invest in the next Washington currency of bitcoin. So monetarily, we are already living in some hellish reality and the yuan is less than worthless because of the idiot money bet on cia bitcoin bet against Washington, who started bitcoin to funnel trillions away from gold and silver & into a new Washington cia "currency" of bitcoin.

Can you begin to comprehend why I say for China to stack metal, especially iron, which Chinese mines can only give China a decade of great years, before China runs out of her own iron ore.

With putin gone and some Washington bot-zionist PM replacing putin, China loses access to Iron from Russia. Brazil has some nazi leader, and modi would not sell, if usa and Australia blockade China.


Like I said many times, when bitcoin is crashing, China should allow Chinese citizens to invest in Ethereum and continue to ban bitcoin. Get Ethereum to defeat bitcoin. Washington would lose their minds in defense of the most important usa project of the 21st century - bitcoin, so prepare for a economic battle if you do this.

The cia can't wait for the dollar to collapse. China has to for a decade - reward gold and silver investors to make gold and silver the world reserve currency or have Ethereum defeat bitcoin in market cap.
 
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