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IPFS News Link • Currencies

Why Isn't the Dollar Collapsing Given Trillions in Printing?

• https://www.thestreet.com, Mish

Think Outside the US

I remain amused by all the calls of hyperinflation and high inflation given the Fed has turned on the printing presses.

However, currencies cannot be viewed in isolation. 

To those expecting a total US dollar collapse, here's my word of advice. Stop being so US-centric. 

Japan Authorizes Another Trillion in Stimulus

Please note Japan authorizes another $929 Billion to Battle Pandemic.

Japan is considering a fresh stimulus package worth over $929 billion that will consist mostly of financial aid programmes for companies hit by the coronavirus pandemic, the Nikkei newspaper said on Monday. |

The package, to be funded by a second extra budget for the current fiscal year beginning in April, would follow a record $1.1 trillion spending plan deployed last month to cushion the economic blow from the pandemic.


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