The Future Crypto Market & China Printing Money

[Finestream]

It's not only china who printed money during the pandemic, the US as well.

this article - https://www.washingtonpost.com/business/2020/04/05/what-2-trillion-coronavirus-bailout-is-really-going-cost/
is worth to read.

anyway, these are fiat, it's not related to crypto but we are just living under the management of our respective government, so as the economy is affected, it would also affected the standard of living of the people, but I hope investors sees that our economy will struggle and they will put up some investment in crypto.

[Leonardo7]

Printing more money to solve financial crisis will lead to inflation in the long run. The money been printed has no access backing it up just legislative laws. If people that receive the government stimulus package from printing more money don't put their money in a valuable asset like Gold, Silver, and bitcoin, they will blow up the money in a few years or months depending on how conservative they are. This generation may experience hyperinflation if there are no strong policies to control this printed money. 

[justdimin]

USA technically didn't printed money, it was more like an easing and it is basically allowing companies to get cheaper loans so that they can pay their debt with a bigger debt but at least the interest rate will be lower, it is smarter to have one 100 million dollar debt with a very very very tiny interest rate or even no interest rate at all, then have 10 different 10 million dollar debts with variety of interests that is higher.

Even on the article itself it explains it very well by saying "To get the money promised to businesses, households, hospitals and local governments, the Treasury will have to borrow it over the coming months by selling IOUs of various duration to investors in the Treasury bond market." so as you can see it is not really printing money for USA.