Might suck for some people borrowing and cannot get out of loan contracts.
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Maybe Im starting to seriously think owning phisical gold is the way to go!
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The problem I see with printing money is that the (temporary) humam condition
of greed is holding the process back from the progression it could actually cause.
Should those who acquire this newly printed money simply use it rather than think " yes, now I can earn interest and sit on my ass", we could move along.
There is already more than enough money on this planet; more than enough gold, more than enough silver, more than enough land, food, water "oil" and on and on. The problem comes with thinking in lack, and driving that thought into the minds of those with less money or no money at all.
I agree with those who say the money being printed in the USA and other parts of the world needs to be used for infrastructure projects, and business propositions rather than simply released into the hands of people who want to keep it under their mattresses, or invest in commodities like land or gold. The stock market, and shit like that has become the scorge of the earth in my mind. Making money from nothing has caused a true work ethic problem in our earthly society.
Too Da Loo
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