economic loan new money and covid 19 i want fast

[bits4books]

Where does the new money come from? Does the printer do brrr? Well, great, according to this scheme, then maybe there will be just tons of tons of new money, and so what? What is the point of this artificial inflating of the already inflated to the limit of the Fiat bubble? A loan for a loan to pay off another loan to "live normally" is a very strange way out, don't you think?

I already repeatedly have ideas to store all my savings in cryptocurrency, since I cannot be sure of the national currency, especially after the government constantly takes loans and at the same time the IMF approves a new budget with a shortage of about $ 500 million. And you also need to take into account that this problem will be transferred to the budget next year, and neither the IMF nor other countries will give such a loan. The money earned is not enough not only for utilities, but also for groceries, and I'm not talking about clothes.


your duty is to get your hands on money as much is possible becouse of new money the stock market eequityies and crypto are the most beneficial.


benefit of this as much is possible becouse after 10 years party is over and someone need to clean up the mess

The more money - the more inflation so-and-so. What difference does it make to me if a loaf of bread costs $5 for 2K/month income or$ 10 for 4K/month income? There is more money and prices will adjust to this money supply. There is no difference how much money you have if everything around you in % ratio costs the same as before. And it doesn't do any good either.

I already repeatedly have ideas to store all my savings in cryptocurrency, since I cannot be sure of the national currency, especially after the government constantly takes loans and at the same time the IMF approves a new budget with a shortage of about $ 500 million. And you also need to take into account that this problem will be transferred to the budget next year, and neither the IMF nor other countries will give such a loan. The money earned is not enough not only for utilities, but also for groceries, and I'm not talking about clothes.

As for me - to save savings from inflation it is better to keep them in more traditional things. I really like gold fore this not only because it automatically adjust its price for inflation, but it itself has a rather exceptional property of eternal growth in our world. Gold, even if it falls in price (which is extremely rare), very quickly returns back and continues to grow.
I prefer to use cryptocurrencies for less long-term storage and more for a method of passive earnings. But gold can be called the key to a good life in old age, for example. More reliable than real estate.

[bits4books]

The more money - the more inflation so-and-so. What difference does it make to me if a loaf of bread costs $5 for 2K/month income or$ 10 for 4K/month income? There is more money and prices will adjust to this money supply.

This is why taxes vary depends on the country, because the cost of everything depends on what standards they have on their country. Here in my country, we are paying a low tax, have our goods in low price but the wage is also small, just as proportion as other nations are. Money printing should be align to the reserve, country's worth in all aspect to avoid hyper inflation.

There is no difference how much money you have if everything around you in % ratio costs the same as before. And it doesn't do any good either.

Ever wonder why retired military usually resides in less civilized places? or in third world country? coz there, they are rich.

I do not dispute that taxes can be used to remove the "extra weight" of money from the economy, thereby keeping inflationary processes in check and avoiding the accumulation of a critical mass of money. But many places, unfortunately, they are not used for this purpose - and people just pay 40-60% of taxes on their income and in return receive only a deterioration of the surrounding conditions within the state (Hello benefits for illegal migrants and absolutely useless programs for integrating all sorts of Arabs into society).
I am very sad that I can't choose where my taxes should go. if I had a choice, it would be much more pleasant for me to pay them knowing that they will go to the development of urban infrastructure, space programs or nuclear energy, and not for the lunch of another Shamil who will kill someone in the doorway tomorrow.

[taufik123]

As for me - to save savings from inflation it is better to keep them in more traditional things. I really like gold fore this not only because it automatically adjust its price for inflation, but it itself has a rather exceptional property of eternal growth in our world. Gold, even if it falls in price (which is extremely rare), very quickly returns back and continues to grow.
I prefer to use cryptocurrencies for less long-term storage and more for a method of passive earnings. But gold can be called the key to a good life in old age, for example. More reliable than real estate.

In this uncertain pandemic condition, many people are worried about the investment that will be made.  they choose what is the best and safest investment for now. 

for gold investment which as you say can be an option and gold is indeed one of the "Safe Haven" assets.  but gold has experienced a significant increase in 2020 due to unstable world economic conditions and tends to fluctuate. 

investing in gold is very suitable to protect the value of wealth and that's fine.  investing in gold also has to think about the type of gold investment chosen, if physical gold investment must use a storage deposit box to be safe and for digital gold investment without physicality you have to choose a good gold investment and have clear regulations, so that it will remain safe. 

digital gold investment in cryptocurrency nowadays is also possible, one of the platforms that I like and have followed until now is DIGITAL GOLD which is 100% Liquid Stablecoin backed by gold.
https://gold.storage/

[Emitdama]

Who said that the government is waiting for people to take loans? A lot of countries right now are rushing to ease the lockdown and let people go back to work because the economy is being hit pretty bad.

Also between if everyone takes loan, do you think it’s all of them that will pay back? Most of them will get into debt that they wouldn’t be able to get out from future. Taking loan, sometimes, is not advisable unless you have plans on how you’re going to invest that money and you’re hundred per cent sure that there is going to be a huge return from it to be enough pay back the loan and interest.

[plvbob0070]

As if the virus will just vanish if governments will take a huge loan. In fact, some countries are already in great debt because of the pandemic, even my country yet I still see no improvement with the pandemic so I don't see this as the solution to the problem. When a government takes a loan, it does not mean all of it will be allocated to end the pandemic because it's not that easy so what made you think that? Countries are already suffering from the pandemic, taking a huge loan will just make it even harder for their economy.

[wxa7115]

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.

The stimulus checks and other support from the government is actually their job to do and response to help their affected citizens due to the lockdowns. Why not go to your local government and suggest what you think?

Exactly there are limits to what it can be accomplished with money, a vaccine takes time and regardless of the amount of money you invest that is not going to make it come out faster, if anything the only reason we are going to have a vaccine so soon is because pharmaceutical companies are probably skipping a few steps when it comes to testing their vaccine and I hope that does not come back to haunt us during the next months when vaccines begin to become applied all over the world.

As such while one of the most common responses governments have to almost any problem is to print money and throw it at it to try to resolve it the majority of the problems of the world cannot be fixed that way.

[Sapphire915]

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.

The stimulus checks and other support from the government is actually their job to do and response to help their affected citizens due to the lockdowns. Why not go to your local government and suggest what you think?

Very well said. In my Country here, we only have limited resources because we are a poor Country in Asia. But, despite this, our Government really did their best just to give aid to everyone. They even lent money from the world bank to have an additional budget for the people's assistance. And yes, they are also offering loans to small businessmen that was being affected. However, these arent enough to solve the real problems that we are facing now. The Cure, the most awaited vaccine is the only solution to end this crisis.

[adzino]

the all the covid 19 all the restrictions will be eased quickly and fast if the goverments people banks and countries will take huge loans!


until the goverment and countries and people not taking loan the restricitons will go even harder !

if there will be not big enough taking loans it means not enought created money there will be second wave and then all economy will be so bad that everybody will take loans what is ready.
the problem is mafia want to give money but no takers ,once the ammount of money is taken the covid will be fogotten until 2030 when 10 years economic circle will be over.


so faster we agree to take new money the faster we can get in to normal life!

i agree we should take money fast as possible i want to live normal life our goverments dont do enought they should all loan a lot money from IMF.

the whole process to turn in to normal is slow couse of lack of taking money from IMF.
if the money taking ammount will be not full filled there will be more restrictions until we take money !!

So you want to say all these restricts and the virus is spreading (and was created) because the country isn't taking loans? Lol what? Now that is a whole new conspiracy theory I am hearing today. You want the government to be more in debt? What if they can't pay back?
And the "Mafia" trying to lend money to the government (not sure if this is even true lol) money is just because for their own interest. Lending the government money would be the easiest way for them to launder money. I doubt any government (expect those that are extremely corrupted) would want to take money from some "mafia" (lol).

[Shasha80]

Money loans are not the best solution to recovering the economy, and the government must think about the impact if it takes
a loan from the IMF. We all want the economy to normalize as soon as possible, but money loans or printing money have a bad
impact in the future. As we all know that the loan interest from the IMF is quite large, if the government fails to take advantage
of money loans it can become a state debt. And the citizens will bearing it, the possibility of taxes being raised is quite high.
So I don't agree to solve economic problems with money loans, the government must find other ways to solve economic problems.

[Dorodha]

Economic loans will not be effective in developing new mone it is not possible to take a loan from the government in case the whole world is suffering due to the epidemic. Nothing can be controlled when the economy is disrupted every fund of the government is obstructed. Only vaccines can prevent this epidemic and improve the economy in the midst of an epidemic economic loans will make the world a more difficult place.

[Xembin]

For individuals to collect loan it will not solve the problem of the economy in this pandemic. Covid-19 has cause so many death in the life of the humanity that make the government to pronnounce lockdown in everywhere to find solution to covid-19,which no companies or businesses is walking right now because of the corona virus that is killing people over the world.
I think if the government can collect loan to end covid-19 so that their economy will start improving in every area of the land. And individuals can start improving their businesses and other things.

[Gozie51]

so faster we agree to take new money the faster we can get in to normal life!

Do we really think that loan can solve the covid-19 problem. A loan taken in wrong purpose won't yield any good. If it goes into a corrupt person, I don't see good for it. The second covid-19 era is what the world need to be careful with to give out money or loan because some people or country might feel they didn't get enough free money for themselves and want to see this as an opportunity.

[wxa7115]

Covid19 won't just be gone even if a government asks for a gazillions of loans for their fight. As long as there's no vaccine, it shall remain regardless how much loan that they take.

The stimulus checks and other support from the government is actually their job to do and response to help their affected citizens due to the lockdowns. Why not go to your local government and suggest what you think?

Very well said. In my Country here, we only have limited resources because we are a poor Country in Asia. But, despite this, our Government really did their best just to give aid to everyone. They even lent money from the world bank to have an additional budget for the people's assistance. And yes, they are also offering loans to small businessmen that was being affected. However, these arent enough to solve the real problems that we are facing now. The Cure, the most awaited vaccine is the only solution to end this crisis.

The vaccine is necessary but even that is not going to be enough to solve this crisis, after all once the healthcare crisis is finally resolved whether because the vaccine was effective or we reached community immunity we will still have to deal with the problems left by the pandemic.

Tens of millions of people lost their jobs and they are not going to recover them overnight as many of the businesses in which the worked disappeared, people and governments needed to indebt themselves in order to survive and now they have to pay those loans and if all of that was not enough the rest of the businesses still in pace are looking to automate many jobs which could make the crisis even larger.

[so98nn]

I feel you buddy, but it doesn’t work like that. Most of the people take loans when they are having some securities and also banks will ask for that too. Bank won’t be just lending away money based on people’s emotions though. They will surely take mortgages, or some other ways to invest. In the pandemic it’s the fight to have at least daily needs furnished. Taking loans is insane in the current scenario.

[hahay]

With the crisis prolonged and getting worse, I think in the future it looks like even the IMF will not be able to cover the crisis hitting this world that can be easily resolved so still, the recovery will be carried out gradually. Economic loan and other economic cycles will certainly continue, because no one will remain silent to restore this world. I only hope that the country's economy can continue to run by implementing health protocols, because there is no point in continuing to shut themselves up because the vaccine itself still needs more until its launch, so that as time goes on, some economic sectors can at least operate with the enforced health protocol.

[Yatsan]

Economic loans or stability with regards to financial aspect cannot totally resolve the problem with regards to the pandemic because financial is not the only problem present in here and the main problem is not about money but the sake of health concerns. We cannot just lower down or pull out the health restrictions being set by health professionals as well as the World Health Organization for loans will not matter once many people will get affected again because up until right now the vaccine to cure the virus is still not yet done on its clinical trials among the countries that have already made the vaccines. Not all can be resolved by money or loans for the bigger picture in here is that we are into a health and economic threat. Economy will soon to recover once this pandemic is done but health is just once and it cannot be compromised for we are talking about life and death already.

[Salauddin1994]

It can't be properly controlled until the vaccine is out there because the economy suffers banks won't lend much to those that suffer it take a few years for the consequences of the coronavirus on the planet economy to subside. In fact it's not yet clear what percentage people are going to be unemployed we also don't skills many small and medium enterprises are already at a loss therein case it's very difficult to repay the loan.

[The cure]

This will be hard for the banks to lend much money, because they are also just thinking about what else can happen in the world as long as there is still no vaccine against covid-19, we should not be complacent and let us continue to be careful because money is not the only thing that matters at this time. Others take advantage of this situation to make more loans in banks and different sectors who offer loans, and when they get their loan they spend it on things that are not important to buy nowadays.

[ultrloa]

This will be hard for the banks to lend much money, because they are also just thinking about what else can happen in the world as long as there is still no vaccine against covid-19, we should not be complacent and let us continue to be careful because money is not the only thing that matters at this time. Others take advantage of this situation to make more loans in banks and different sectors who offer loans, and when they get their loan they spend it on things that are not important to buy nowadays.

Nope your wrong with that banks want to offer a loan to the people and actually they create a promotion which lower the interest while there's a pandemic and also this incident is temporary only and if the vaccine will be done successfully for sure people will get back on their lives and they can able to pay their loans back. Many banks grab the situation and this is a best time for them to get a profit.

[Mauser]

It can't be properly controlled until the vaccine is out there because the economy suffers banks won't lend much to those that suffer it take a few years for the consequences of the coronavirus on the planet economy to subside. In fact it's not yet clear what percentage people are going to be unemployed we also don't skills many small and medium enterprises are already at a loss therein case it's very difficult to repay the loan.

In my country I find that a lot of banks are still offering loans even though the economy is hit hard by the corona pandemic. The government is injecting a lot of money in the economy, so the banks are keeping the credit lines open. If you have collateral for the loans it's no problem to borrow money. Stopping to hand out new loans would have a terrible effect on the economy because so many companies and individuals rely heavily on borrowing money.