Re:Crypto crash deepens, stocks slip
by JMTQp8lwXL on Wednesday May 19, 2021 @11:17AM
(#27209875)
Considering how much the money supply was increased, and the pending inflationary effects, the 50% up creates a "looks good on paper" sentiment the Fed is eyeing for to keep the economy moving: people spending money, taking on debt, etc. But the real increase (adjusted for inflation) will be less impressive. The on-paper increases pop sentiments, though, which is exactly what's needed in a potential economic crisis spawned by a pandemic.
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