[Susquehanna Patriot]

That may be the short term impact. I am unconvinced that it has long term benefits. Look at the value of the dollar since 1913; this won’t reverse that trend, only accelerate it.

These money creation actions are being taken only because the government has shut down the greater economy. There should be a parallel contraction in government spending at all levels since the government is shut down too. Not reading to much about that except some states want a federal bail-out - which is what is supposed to be included in Pelosi’s bill.

[Alberta's Child]

I agree that this won’t reverse the trend, but I also don’t think it will accelerate it. The whole purpose of these moves — as it was in 2008 — is to ensure that existing debts of all kinds can be paid ... mortgages, car loans, etc. ... so that the investors holding those debts will not lose confidence in the U.S. dollar as a reserve currency.

The irony of all this is that is has effectively turned a mortgage into a debt that’s as safe as a government bond.

[a little elbow grease]

some states want a federal bail-out - which is what is supposed to be included in Pelosi’s bill.

______

... that better never happen. Let them live by the malfeasance of their government.