The fed has once again printed over 100B$ due to the bailouts intensifying, Just this year alone they have printed 1.5x more than the entire Crypto market cap! There was as of 2018 1.7 Trillion Federal reserve notes ($) in circulation which costs them 700 Million $ just to manage!
This system can not and is not sustainable, It is a prop up economy! We are forever seeing bailouts all around the world and not just with companies but with governments!
Half of Europe's countries are on the verge of going bust and Greece (Beautiful country) completely broke, might as well just be floating around the med! As you see above the US is forever QE, the only part of the world who seem to be on top of things are China and Russia i believe we are about to see a transition of power as already the BRICS are in talks about creating their own Crypto/blockchain which would give them ultimate control over the finances in their of the world.
How long will the world continue to use this system?
One of fiats biggest values is the belief that the people who use it have it in, they know it can be exchanged for almost anything in the country they reside but how many recessions and how many busts will we see before people lose complete faith in the fiat system and fractional reserve banking?
It is simply a control system which has no real meaning or value as if it did, it would have gone bust, crashed and burned a long time ago but because it has no real meaning it can forever be propped up by more "money"
how much fiat can you have before it becomes worthless?
It won't be long before we start to see National Stablecoins roll out and replace fiat slowly as it just makes sense from a government point of view to use a Crypto/blockchain that you fully control for your countries finances and varies admin needs!
Original post - https://www.uptrennd.com/post-detail/fed-prints-more-than-the-entire-crypto-marketcap-just-this-year-alone~MTc1NjEx