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Bloomberg says the dollar has no intrinsic value: Time for BTC?

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Contributor for largest investment portal Bloomberg, Jared Dillian, has sharply embarked on the US Fed and large banks for constantly printing money and thinking that it will solve the whole pandemic that was due to coronavirus. According to him, printing money is a stupid plan and not a solution at all.

Bloomberg
source:computer.howstuffworks.com

Bloomberg investment portal: Printing money solves nothing

In his contribution to tens of thousands of readers, Dillian criticizes the dollar and even goes so far as to call it worthless. According to him, Benjamin has no value.

Dillian writes:

The government will spend 10 trillion this year – only this year! And these numbers will increase!

Printing money is becoming an increasing problem that even those who would not expect it feel. More and more young people believe that the concept of FIAT must fall sooner or later.

CEO Binance Changpeng Zhao described the entire financial market as a bubble that is constantly inflating so that it can never burst. However, when it bursts, the impact will be worse.

Meme, which represents member of the Fed, began to spread across the Internet, showing how to create endless capital for banks and funds on the spinning machines. It was this meme that was behind the democratization of the whole issue, because it was spreading quickly over the Internet.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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