US dollar printing press spins up to full capacity

3

The US Federal Reserve is ready to turn on the printing press at full capacity. The American regulator announced the expansion of the program to support the central banks of the allied countries with the help of mutual transactions with government bonds. The central banks of Great Britain, Switzerland, Japan and Canada will participate in the mutual assistance program.

However, the United States itself does not have the necessary amount of finance for such operations. In this regard, the Fed decided to issue a dollar issue to solve the problems that have arisen. American analysts estimate the potential volume at 2 trillion freshly printed dollars, which is almost 10% of the total dollar supply. Obviously, such a large-scale issue will cause a serious surge in dollar inflation.



Along with this, the price of black gold continues to fall. Brent oil is already worth less than $72 a barrel. The decline was caused by speculation in the foreign exchange market and illogical actions of the US financial authorities. Instead of the expected increase in the key rate, a new batch of dollars is released into circulation.

This forces market participants to sell oil futures at a discount. The main world players expect the further development of the American banking crisis, which can easily develop into a global one due to illiterate financial policy USA.
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    1. trampoline instructor
      trampoline instructor
      0
      20 March 2023 15: 21
      What do we care if it spins up at full capacity or works half-heartedly?
      It is much more important for Russia that oil is becoming cheaper, from the sale of which it receives income. That is why the USD exchange rate in Russia is constantly growing. As a certain Ulyukaev said, the dollar has already broken the bottom 77 times.
      As for the American printing press, there is a limit to USD printing: there is no need for it on a global scale. To do this, all that is needed is for developing countries such as various BRICS to develop economies and trade without resorting to the mediation of the dollar. In the meantime ... "Work, blacks, the sun is still high!"
    2. Valera75
      Valera75
      -1
      20 March 2023 15: 21
      They will print Baku ones and buy oil on them to fill their torn reserves and then they will stupidly forgive everyone’s debts on the drum laughing
    3. Jacques sekavar
      Jacques sekavar
      0
      20 March 2023 17: 53
      The head of the main bank said that the Fed has tools to stop the problem that has arisen, she probably knows something, but does not say what exactly.
      In the plebeian view, the Fed is faced with a dilemma - turn on the printing press and disperse inflation, or screw the whole world into another crisis and threaten the collapse of the entire global financial system.
      Perhaps inflation within acceptable limits can somehow be kept within acceptable limits through special drawing rights of the IMF, speculation in securities, federal loans, guarantees, obligations, etc. This will at least temporarily delay the crisis until elections and a change of team in the white house.
      Alternatively, they can actually raise the key rate through the exchange rate for the digital banknote and through its adoption by all three NAFTA state entities, but there are no real steps, apart from intentions, yet, and the digital dollar has not been tested in the US. But in China, everything is ready - banks, stock exchanges, rating agencies, and the digital renminbi was tested at the winter Olympic competitions.