Yes, they are indeed ‘damned if they do and damned if they don’t’! If inflation rises substantially, the current administration will be voted out by a disgusted nation. If too much of the banking system fails - and there exist very few politically acceptable tools to correct that - the collapse would be a nightmare for everyone.
Some analysts are saying that this is how the centralized digital currencies are going to be implemented, because of the ‘crisis’. I’m wondering: any creative minds out there see another economic pathway possible? I’d sure like to think there is one!
Yes, they are indeed ‘damned if they do and damned if they don’t’! If inflation rises substantially, the current administration will be voted out by a disgusted nation. If too much of the banking system fails - and there exist very few politically acceptable tools to correct that - the collapse would be a nightmare for everyone.
Some analysts are saying that this is how the centralized digital currencies are going to be implemented, because of the ‘crisis’. I’m wondering: any creative minds out there see another economic pathway possible? I’d sure like to think there is one!