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Un-Scammable t1_itxacpp wrote

In other news, the government is facing a lawsuit for it's foreclosure moratorium causing sky rocketing rents.

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throwaway836282672 t1_iu1aqu4 wrote

Didn't that end, like months ago?

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Un-Scammable t1_iu1j1n9 wrote

It's impact will last for centuries.

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throwaway836282672 t1_iu1jfwg wrote

What impact will be felt for centuries?

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Un-Scammable t1_iu3ip81 wrote

The stimulus overflow that will keep the economy and markets wet from the flood of cash.

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throwaway836282672 t1_iu4334c wrote

That's what happened, but what are the impacts of this? In other words, what are the repercussions that will be felt for multiple hundred years (centuries).

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Un-Scammable t1_iu6de56 wrote

I am being a bit exaggerative because it's a positive spin and positive spins always need an extra boost in the social media news space because FUD is so heavily dominate. Basically, an extreme spike in the M2 money supply floods the earth with currency that winds up in every crevice of every corner. It's highly inflationary that takes decades if not centuries to wash out. That's why the Fed is having problems trying to hamper inflation.

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