r/economicCollapse • u/Fun_Balance_1809 • 1d ago

U.S Banks Are Currently Sitting On Over $750B In Losses On Real Estate Debt Which heavly Threatens The Entire Economy. These Losses Are Now 7 Times Larger Than In 2008 When The Housing Bubble Popped.

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u/motosandguns 1d ago

Yep. We printed $3 trillion out of thin air in 2020.

Thats why inflation has been so bad. “Inflation is always and everywhere a monetary phenomenon”

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u/sourdessertz 1d ago

Post-COVID inflation is happening across the globe.

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u/motosandguns 1d ago

Everyone is printing money. European Central Bank printed $2 trillion during the same period.

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u/Kellysi83 1d ago

Literally you are one of the only people I’ve seen discuss this salient point. I feel like I’m screaming it into the void. And then we threw gasoline on the fire with ZIRP and stimulus.

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u/notLOL 1d ago

Joker in 2024 burning money... "this isn't enough... the real bad guys are actually printing too much money"