Comment on US Fed will start buying Treasury bills to manage market liquidityComments−Ancalagon9moLike watching a train wreck in slow motion. Maybe its not explicitly for quantitative easing (hah) but this devalues your dollar and your hard work even more.−NewJazz9moPart of the dollar's value is based on its stability and the stability of the US market, which this love is intended to support...−cyanydeez9moUnfortunately, this pushes other countries to consider divestment from the reserve currency. Its a irreversible loss of credit in unparalleled value.Places like russia and chine benefit when foreign held dollars are unloaded.
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Like watching a train wreck in slow motion. Maybe its not explicitly for quantitative easing (hah) but this devalues your dollar and your hard work even more.
Part of the dollar's value is based on its stability and the stability of the US market, which this love is intended to support...
Unfortunately, this pushes other countries to consider divestment from the reserve currency. Its a irreversible loss of credit in unparalleled value.
Places like russia and chine benefit when foreign held dollars are unloaded.