It was going to get printed anyway. Paper doesn't last long. If they were doing a special production to inject a billion in cash, then yea, not good. That's not what this is though. As far as I know anyway, I guess I have no sauce to prove either way.
"Paper doesn't last long" . . . this assumes they only print enough to replace current retirements. IMO, they print far more; and; as I manage to launder my wallet occasionally, find the paper quite durable.
Digital "money" I'm sure is a whole different ball game.
Look at $100 bills in FY2013 compared to others. That is the year the new security features of that bill were introduced. Idk if we can expect similar with this new design or not. If so, then your point has merit assuming they leave current bills in circulation and don't remove and destroy them.
Printing paper isn't the problem. Adding 1s and 0s on the computer by the Fed and Treasury is the problem. That's the real inflation of the money supply, which we shorten to just inflation.
IMO, printing more paper; Trump signature or not; is bad business.
It was going to get printed anyway. Paper doesn't last long. If they were doing a special production to inject a billion in cash, then yea, not good. That's not what this is though. As far as I know anyway, I guess I have no sauce to prove either way.
"Paper doesn't last long" . . . this assumes they only print enough to replace current retirements. IMO, they print far more; and; as I manage to launder my wallet occasionally, find the paper quite durable.
Paper money - https://www.bep.gov/currency/production-figures/annual-production-reports
Digital "money" I'm sure is a whole different ball game.
Look at $100 bills in FY2013 compared to others. That is the year the new security features of that bill were introduced. Idk if we can expect similar with this new design or not. If so, then your point has merit assuming they leave current bills in circulation and don't remove and destroy them.
Printing paper isn't the problem. Adding 1s and 0s on the computer by the Fed and Treasury is the problem. That's the real inflation of the money supply, which we shorten to just inflation.