Money printing about Australia

[Polo7]

I was Right about it Again

Au Money printing..... Prrrrr
https://home.kpmg/xx/en/home/insights/2020/04/australia-government-and-institution-measures-in-response-to-covid.html

https://bitcointalk.org/index.php?topic=5267515.20



So anyone Want to argue with. Me about economy More??  I Think no point!


I Can Even predict what Will be happening next year.

[1714882948]

1714882948

[Darker45]

Of course, you were right all along. Money printing is happening all over the world, not just in Australia.

The more challenging question during these pandemic months is not which country is printing more and more money out of thin air but which country isn't.

In times when the economy is falling hard and the demand to spend is rising high, where are you going to get the money? How would you be able to support the spending demand if the economy is not producing anything? Of course, by printing money out of thin air. And this not just very much acceptable but also an integral feature of the current financial and monetary systems.

[alihrphrp]

I was Right about it Again

Au Money printing..... Prrrrr
https://home.kpmg/xx/en/home/insights/2020/04/australia-government-and-institution-measures-in-response-to-covid.html hireacar.pk/rent-a-car-islamabad

https://bitcointalk.org/index.php?topic=5267515.20



So anyone Want to argue with. Me about economy More??  I Think no point!


I Can Even predict what Will be happening next year.

Interestingly no one has replied to  your post.

[Harlot]

Uhmm at which part of that Stimulus announcement mentioned that Australia will be printing more money as there response to the COVID-19 pandemic? Because from how I understand the addition 66.1$ AUD will be coming from the reserve bank of Australia and not from printing it. TBH if Australia thinks that they will be helping the economy through printing more money they are actually gonna worsen the situation of their economy if they did that as printing more money is never a solution to any financial crisis. If you think that this will boost some kind of adoption for Bitcoin then think again, the price against AUD might go up but it will just be from inflation and not actual demand for Bitcoin.

[avikz]

I was Right about it Again

Au Money printing..... Prrrrr
https://home.kpmg/xx/en/home/insights/2020/04/australia-government-and-institution-measures-in-response-to-covid.html

https://bitcointalk.org/index.php?topic=5267515.20



So anyone Want to argue with. Me about economy More??  I Think no point!


I Can Even predict what Will be happening next year.

I don't see any mention of printing money in the article of KPMG. May be I have missed it so can you please quote the statement which says Australian treasury is printing billions and billions of AUD?

Little bit of money printing is ongoing worldwide and not limited to Australia. However, all central banks are super cautions about it because they have seen live examples like Zimbabwe or Venezuela in recent past. Proving additional liquidity doesn't always mean printing of money. It also means access to cheaper bank loans, reduced interest rates and providing relief to the businesses in forms of tax cut or loan moratorium. 

I believe, no government would do such stupidity of printing billions of dollars to safeguard the economy. Because it will then have a negative impact on the value of their currency.

[South Park]

Of course, you were right all along. Money printing is happening all over the world, not just in Australia.

The more challenging question during these pandemic months is not which country is printing more and more money out of thin air but which country isn't.

In times when the economy is falling hard and the demand to spend is rising high, where are you going to get the money? How would you be able to support the spending demand if the economy is not producing anything? Of course, by printing money out of thin air. And this not just very much acceptable but also an integral feature of the current financial and monetary systems.

Agreed, money printing is out of control not only in Australia but all over the world so this is not a difficult prediction, what I wonder is how long this can maintained? How long can countries around the world pull the same trick over and over again and people still be dumbfounded about it? When will people realize that while they work really hard to get their money the government and banks can just print more of it out of thin air and they can use it and it has the same value as the money they earned.

[samcrypto]

Many big countries already announce that they will print more money to help survive the economy and use it for the response on Covid-19 but I don’t see on the article that AU will also print more money.

Printing more money can affect the economy as well, every country knows this so I don’t think they will do it without a proper plan. Many countries print their own money almost daily just to reach their target volume so this is not new anymore the only difference here is the volume that they will print that matters.

[hugeblack]

What is the new point you want to add? The last update of that quote has been since the 14th of last month. We also know that many countries are deliberately printing more money to stimulate the economy, but the most important question is the extent of the impact of financial reforms packages on the future economic crisis?

The complete closure due to Covid-19 imposed a new equation, and therefore solutions that can be considered bad may be beneficial and vice versa, no one knows the extent of the impact that will occur in the future, but if you want to risk, BTC may be a good option.

[Latviand]

Of course, you were right all along. Money printing is happening all over the world, not just in Australia.

The more challenging question during these pandemic months is not which country is printing more and more money out of thin air but which country isn't.

Money printing can cause inflation that's why they should regulate it properly so that it doesn't cause another economic issues. Some governments are printing a lot of money so that they can somehow regulate their economy and the market properly but mostly it didn't went that way. Some are just experiencing inflation due to uncontrolled printing of money that causes the demand to increase which is not good for those businesses and the country.

[tbterryboy]

Anyone knows who this polo7 guy is? He keeps starting up topics all around the forum and he writes in a very bad English about silly stuff that doesn't really warrant a new topic, and even if lets say it does, he keeps doing that over and over again, I do not understand what could be the point of what he is doing, is it more personal approach type of thing? Is it some sort of gain from having too many topics?

Nobody gives merit to him neither so there is no gain from it so I do not know what his point is. I guess the best case could be starting out a brand, could be a bad brand but some people like that over no attention at all. I hope that one day he will stop, this is getting a bit annoying, Australia printing money is not a topic, it is something everyone else does as well.

[Polo7]

Anyone knows who this polo7 guy is? He keeps starting up topics all around the forum and he writes in a very bad English about silly stuff that doesn't really warrant a new topic, and even if lets say it does, he keeps doing that over and over again, I do not understand what could be the point of what he is doing, is it more personal approach type of thing? Is it some sort of gain from having too many topics?

Nobody gives merit to him neither so there is no gain from it so I do not know what his point is. I guess the best case could be starting out a brand, could be a bad brand but some people like that over no attention at all. I hope that one day he will stop, this is getting a bit annoying, Australia printing money is not a topic, it is something everyone else does as well.

i share my knowledge first i proof then i ask money thats what it is

[LogitechMouse]

This is expected already LOLS.
Please share your prediction for the next year

U.S started it and now other countries including Australia are doing it for their economy to be saved. Your'e affected by the QE that the government has been doing?? Better hedge and invest your fiat money to different assets.

[Polo7]

This is expected already LOLS.
Please share your prediction for the next year

U.S started it and now other countries including Australia are doing it for their economy to be saved. Your'e affected by the QE that the government has been doing?? Better hedge and invest your fiat money to different assets.

next year  we will see alot economic growth

[BrewMaster]

next year  we will see alot economic growth

are you sure you mean "growth"? and compared to when? the peak of the pandemic when everything is shut down? that would be obvious. but compared to pre pandemic, not at all.
with the way the governments have been printing money for about 9 months now (good job predicting it 8 months after they began haha) we would be lucky if we don't see a crisis.

[fiulpro]

I was Right about it Again

Au Money printing..... Prrrrr
https://home.kpmg/xx/en/home/insights/2020/04/australia-government-and-institution-measures-in-response-to-covid.html

https://bitcointalk.org/index.php?topic=5267515.20



So anyone Want to argue with. Me about economy More??  I Think no point!


I Can Even predict what Will be happening next year.

Why wouldn't have you been right ?

-Australia was devastated from natural causes long before COVID-19 came

- The cases are far better as compared to other countries

- Just 2 days before one of the biggest performers in the market did suffer a huge dump in the value

https://economictimes.indiatimes.com/news/international/business/australias-economy-takes-sharpest-dive-since-the-1930s/articleshow/77883865.cms

Even though we wouldn't have had this news still there would still have been cases of money being printed , not just there but in every country around the world , its a pandemic that we are facing that's normal.

[Baofeng]

This is expected already LOLS.
Please share your prediction for the next year

U.S started it and now other countries including Australia are doing it for their economy to be saved. Your'e affected by the QE that the government has been doing?? Better hedge and invest your fiat money to different assets.

next year  we will see alot economic growth

Isn't it that's what every country is aiming for? at least so see some significant gains but because of the pandemic (and I believed it will continue till 2021), it will be difficult to recover. There might be small %, but I don't see it as economic growth. As for Australia printing money? That's what the equal response of nation today, so it's pretty obvious by now.

[AicecreaME]

Majority of the countries admitted that they are really printing money out of thin air to use for addressing the covid-19 pandemic. And yes, certainly it isn’t just Australia that’s doing it.

It was on the news on the months of June and July that America has been printing money in order to oppose the economic effects of the pandemic. Basically, these countries including Australia, has been printing money to be used by their government to buy bonds from some institutions. Their aim is to lower the interest rates from debts and loans so that the business enterprises will borrow money to expand and improve their establishments, and for the citizens to spend more. During this process, they are expecting to revive and see an economic growth.

It was said on the article I’ve read that there isn’t a need to worry about hyperinflation since their inflation is low and stable as of the moment. However, quantitative easing shouldn’t be used for a long time and must be really regulated. Otherwise, the country’s economy will just worsen. Its  purpose should only be for emergency and should be controlled. For sure Australia don’t want their currency’s value to go down the track like both countries you’ve mentioned.

[sabbir2world]

The future depends on a lot of factors. Yeah excessive money printing will not shape our future like the way we'd want or like. But this pandemic forced governments to do a lot of things. 2021 shall be the year to witness the outcome!

[mariah.sadio]

Every country is printing money in these hard days, 2021 will be the year of inflation

[South Park]

next year  we will see alot economic growth

are you sure you mean "growth"? and compared to when? the peak of the pandemic when everything is shut down? that would be obvious. but compared to pre pandemic, not at all.
with the way the governments have been printing money for about 9 months now (good job predicting it 8 months after they began haha) we would be lucky if we don't see a crisis.

I really doubt that we are going to be that lucky and my reasoning for this is that even after all of that money that has been printed out of nowhere the economy is still suffering, unemployment is still sky high, businesses are closing, and even if the stock market recovered we know that recovery is false and we are probably bound to see another crash and I do not know if at that time the governments will have the money to save all of those that have made bad bets.