Central Bank Printing More Money: Consequences for 2021

Twenty percent of US dollars circulating today are printed out of nothing. How long can this go on?

One of the many consequences is negative interest rates. Another is the increasing disconnect between the stock market and the real economy. In fact, today’s headline in the NY Times reads “Market Edges Toward Euphoria, Despite Pandemic’s Toll”. One solution to this problem is the creation of digital currency, which bypasses the banks.