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Ray Bod
Bloomberg Television
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Comments by "Ray Bod" (@raybod1775) on "" video.
China will not let their businesses go under, that's ridiculous. Look at the socialist money printing the U.S. is doing. China will do the same. The rest of the world will do the same.
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MajesticF0X Too much money, too little production means higher prices for goods. Then more money to boost economy, more production, still a shortage of goods means even higher prices. Producing economies with lots of dollars want something more valuable, buys gold or other commodities and drives up prices for commodities. Dollars worth less. Federal Reserve afraid of raising interest rates, so lies about inflation rates. Prices rise even more. More dollars to countries that don't want them, buy commodities, dollar worth even less. Etc, etc, etc.
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