digitalcurrency are you ready to get robbed?

The Federal Reserve has consistently undershot its 2% inflation target since the Great Recession of 2008, and the situation has only worsened this year due to the coronavirus pandemic. This is leading some to speculate that, should the central bank implement a digital dollar soaring inflation will soon follow. While the central bank expanded its balance sheet from $4 trillion to $7 trillion in the March to July period to counter the coronavirus-induced economic slowdown, the velocity of money, or the number of times a unit of money changed hands during a specific period, fell from 1.5 to 1.09. For every $20 of credit created in the banking sector, only $1 found its way into the real economy. What happens once they shove it down everyones throat and simply pay you for your work in which ever digital currency [dollar, euro, yuan] they see fit? right, you lose absolute and all control to the satanist monkey.

>>35929 You have no idea what the federal reserve does or how it operates. Digital currency has nothing to do with how the Fed operates. I have no idea why you brought it up. The current round of QE will not effect inflation in the long run. Short term bank credit basically always outweighs normal credit, because banks need to extend ultra short term loans to one another to satisfy customers. This is normal. If you think bank credit is bad, trade credit outweighs every other form of loan in value by an order of magnitude, and its perfectly normal.

>>35933 What are your credentials? Why do you think you're so much more informed than OP? It's funny people pretend that there's any logic to this and that it's not just mysticism to fuarrrk you over.

>>35934 I mean you can attack me, but OP is just repeating baseless Fed conspiracy theories that have been posted on the internet daily since 2008. I actually have bothered to study economics and read books and papers and soykaf.

>>35933 imagine thinking there is federal reserve, why do you think they print more money fuarrrking nigger lol also you are totally missing my point which is impending coming of forced digital currency, jpm already has private currency to transfer funds, some countries are speculating of forcing it already, richest person in russia just opened farm and partenered with japs i hate to break it for you but world does not revolve around your state as it is irrelevant

>>35936 Which of these things are you referencing when you say digital currency?

>>35938 imagine having head so deep down jew anal cord that you cannot think outside of given pattern otuside of your epic banking fantasy there are actual real people that have their ambitions and goals so what the fuarrrk makes you think those same people that had repeatedly fuarrrked over societies, created wars, supplied wars, profited of death and worst illnesses there are while still giving red light to the vaccine for fuarrrking tooth decay oh they cannot be possibly all connected and just want to make more fuarrrking wealth for themselves right?

>>35939 A simple question, yielding no answer. Get it together schizoid

>>35960 nnnnoooo you have to reason with me even tho i am a nigger world does not revolve around your personal safe space or collage degree you can wipe your ass with as your same country that sold it to you keeps printing money and collapses

>>35964 I don't think he can actually understand what you mean. Care to rephrase your criticism of his liberal-exclusive world-view? Preferrably in a way that keeps the thread further on topic of cryptocurrency, even from a point of criticism.