I wonder what the outlook will be in years to come when the country really can't afford to pay back the money it printed, so it tries to print more money to pay back the previously printed money it printed because it couldn't afford to...
The question is how much can we print before we see the farcical situations in South America, where they wheel round barrows full of cash
Exactly. It is farcical now. Central Banks were once considered to be a 'lender of last resort', now they're the lender of first resort, and in some cases they are sometimes the only ones buying their government's bonds! So all that money has to go somewhere, and we can see that with house prices and stratospheric markets. Unfortunately, most of us cannot see the real costs, like inflation, and the social issues inflation causes, until politicians start the blame game, which eventually they will...
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