News for hackers. Stuff that matters.

A comment on Europe’s central banks are starting to replace dollar reserves with the yuan. Parent comment

Re:Europe’s central banks are starting to replace dollar res... by akhatri_aus on Tuesday January 23, 2018 @06:38AM (#16212749)
> When you print money you devalue existing money

Unless those billions in asset price increases buy less consumables than they did before QE, there isn't any inflation in the US yet, it just means Americans are richer.

[ Parent | on HN ]

There are no comments on this comment yet.