America's "new speed"
2022-03-02 09:14:21
America's "new speed"Biden biden government $1.9 trillion economic rescue legislation passed in the house and the senate, this is the third round of massive fiscal stimulus, the U.S. government and the first two rounds of the United States for economic rescue bill, total spending more than $5 trillion (equivalent to 25% of the GDP), such a large fiscal stimulus the world unique, this is the "new speed" of the United States.The fed also has to do almost all the policy tools with epic of quantitative easing, infinite power to accelerate the printing press, the federal reserve assets expansion than epidemic more than more than $30000 before the crisis, let the dollar accelerated crazy, it will speed up the destruction of the dollar.