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America just diluted the value of the dollar by how much?
GangBusters
Posts: 39 Forumite
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?
1
Comments
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The money hasn't been dropped yet.0
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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.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?0
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