How is the United States funding Cares Act, the 2T stimulus package? Not from your taxes! The United States government has been running a deficit for the past 18 years.
The United States Treasury with the blessings of the Federal Reserve, Congress, and Donald Trump, is printing money.
The dollar will not collapse during the COVID-19 recession!
*I can not guarantee the collapse of the Dollar will not come, but the dollar will not collapse during the COVID-19 recession. Many countries still rely on the Dollar and breaking away from it now will just add more devastation to their economy. The Dollar will be king to buy assets at bargain prices at the end of the recession. *The dollar will start to lose power once the recession is over as inflation will creep in. Inflation will take years, not months.
* Opinions by Sameer Bhalesha