Hey long time no see, how are you?
I think it could easily backfire as there is no such thing as free anything as you pay for it somehow and most likely in another area through inflation. These guys are just a bunch of idiots as they are doing exactly what Zimbabwe did. I suppose it is not so bad if every country does it as it evens out but still shocking to see happen in the first place.
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hey bud... well, there's one big difference between the US and the rest of the world. When other countries try to outplace the dollar by creating a pegged asset, motivated by the ridiculous money printing machine. The US decides that that country needs democracy and thus ends their plans.
That being said, it doesn't mean it will work every single time. But while the US has the military force to do as they please, they will probably continue to do so.
Sounds about right and they are weakening themselves every time they do this. At some point they will not be the biggest and strongest super power anymore and wonder what happened.
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