In the wake of the COVID-19 pandemic, governments around the world have had to take drastic measures to stabilize their economies. This has included massive injections of stimulus money to keep businesses afloat and prevent widespread unemployment. While these measures have been necessary to prevent a total economic collapse, they have also led to some unintended consequences that could have long-lasting impacts.
One of the most concerning of these consequences is the massive amount of money that has been printed in the last 12 months. According to recent reports, a staggering 40% of all money currently in circulation has been printed in the last year alone. This unprecedented level of money creation has raised serious concerns among economists and financial experts about the potential for runaway inflation and other negative effects on the economy.
Inflation occurs when the supply of money in an economy increases faster than the supply of goods and services. This can lead to a decrease in the purchasing power of a currency, causing prices to rise and eroding the value of savings and investments. In extreme cases, hyperinflation can occur, resulting in a complete breakdown of the economy and widespread financial chaos.
While some level of inflation is normal and even necessary for a healthy economy, the sheer magnitude of money printing in the last year has raised fears that we could be heading towards a period of hyperinflation if not properly managed. This could have devastating consequences for individuals and businesses alike, leading to a loss of confidence in the currency and a dramatic decrease in living standards.
To avoid this potential disaster, governments and central banks must carefully monitor the money supply and take steps to prevent runaway inflation. This may involve tightening monetary policy, raising interest rates, and reducing government spending to ensure that the economy remains stable and sustainable in the long term.
Individuals can also take steps to protect themselves from the impact of inflation by investing in assets that hold their value over time, such as gold, real estate, and stocks. Diversifying your investments and holding a mix of assets can help protect your savings from the erosive effects of inflation.
In conclusion, while the massive amount of money that has been printed in the last 12 months was necessary to prevent a total economic collapse, it has also created the potential for serious economic consequences if not managed properly. By being aware of the risks and taking proactive steps to protect themselves, individuals can minimize the impact of inflation on their financial well-being. It is important to learn from past mistakes and avoid making the same errors that could lead to economic disaster.
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Yes it was true… now it’s even worse. Stop you are wrong
It wasn't 40% it's more. CONGRESS has black unlisted budgets that are not know to the public. It's more like 1100%. Don't kisten to this guy.
No he is right, they did print40% of the money or should we say they printed digits
Sounds like a Republican and his "voodoo economics".
My question to Dr. A is, How much dollar inflation is this ultimately expected to cause?
I love it when these people focus on the word "printed", we know what it means in this context, "created".
When was their calculation of money supply changed?
Your wrong, we can all feel it in our wallets and see it on the price tags
This post is misleading, but so was the commenter's statement in the video. There was a rules change in the calculation of M1, but something like 40% of the money ever CREATED (not printed) by the Fed was created over the past year or so, even after correcting for the rules change. Anyone who claims this isn't the reason for the current inflation is either ignorant or lying.
This was not helpful.
Nothing against you Ik it’s a short so you’re limited however, I watched till the end and the only thing I got from your input is if I want to know the actual reason this isn’t true I should look into M1 currency counting/reporting. Should make a full video explaining it and link it here in the comments.