One Minute Economics: Can Central Banks Keep 'Printing' Money/Currency Forever? Permanent Monetary Stimulus in One Minute
From lowering interest rates to 1% after the Dot-Com Bubble burst to lowering them to zero and "printing" money (some would say printing currency because in their view, fiat currencies don't have the properties required to be considered money) after the Great Recession, it should come as no surprise that the market demands even more monetary stimulus in light of the 2020 economic crisis.
Have interest rates been lowered again? Yep.
Did central banks "print" money yet again? Of course.
More of the same, in other words, with "more" being the key term in light of the fact that, again, an ever-increasing and even perhaps permanent dose of monetary system seems to be required to set the financial system and economy back on track.
In one minute, you will find out how things currently stand and if central banks can indeed engage in permanent monetary stimulus by essentially "printing" currency forever. As you will be able to find out, trying to predict the future is the worst possible modus operandi and instead, trying to have all your bases covered is the name of the game.
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