What we can learn from the latest indoor dining study

Re:What we can learn from the latest indoor dining study by mghfreud on Friday December 04, 2020 @11:00PM (#25311612)

Inflation hasn't become a reality since the other nations still trust the value of the US dollars as reserve. With so high trade deficits, we are essentially saying to the world, "sell me goods in exchange for the paper that I printed some big numbers on it", without getting as much in return.

Do you think this is sustainable in the long run? Will they keep giving us more goods/services than they get? What would happen if they decide to not use US dollar as reserve or they start demanding another currency for trade?

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Re:What we can learn from the latest indoor dining study by dlp211 on Friday December 04, 2020 @11:06PM (#25311649)

If the US dollar ceases to be the world's de facto currency, we have much larger problems then the moderate inflation that may or may not follow. I'd argue it is far more a political problem than a monetary problem at that point.

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Re:What we can learn from the latest indoor dining study by mghfreud on Friday December 04, 2020 @11:34PM (#25311781)

And FED continuing to print excess money is one of the reasons believed to speed up the process to the "much larger problems".

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