35% of all US dollars in existence have been printed in 10 months

World News
#1

The fact that US is printing alot of money is not solving the issue of common people. Those money going directly to rich people because 40% of Americans don’t have $400 in the bank for emergency expenses:
Federal Reserve -

Those printing machines just keep printing money and keep creating wealth difference between rich and poor. They will make the rich richer and the poor poorer.

Do we really need fiat in long run with unlimited supply as its value will keep decreasing over time? I think No that’s why Satoshi created Bitcoin. He was Visionary and Revolutionary no doubts.

1 point
#2

Where would printing money, which goes into the hands of the 1% solve a problem for the “common” man?

1 point
#3

Hyper inflation will devalue the 1%…not by much mind you :hippo_shit:

1 point
#4

yeah, but $1 = $1… print crazy amounts of money… $1 = $0.25 , but for every dollar the 1% had, they now have $4. same old for them.