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America just diluted the value of the dollar by how much?

GangBusters
GangBusters Posts: 39 Forumite
10 Posts First Anniversary
in Debate House Prices & the Economy
So America literally just printed $2trillion and injected it into the economy, how much did this dilute the purchasing power of the dollar essentially over night?

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 25 March 2020 at 1:20PM
    The money hasn't been dropped yet. 
  • rubuhoeikanaika
    rubuhoeikanaika Posts: 262 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    GangBusters said:
    So America literally just printed $2trillion and injected it into the economy, how much did this dilute the purchasing power of the dollar essentially over night?
    Basically not at all, at least not compared to other currencies. The USA is still a colossally powerful economy (how much time do we spend on American products these days? Facebook Apple Amazon Netflix Google WhatsApp...), and other currencies are falling against the dollar as people seek security.
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