ilmscore | Prediction Details
"when you create this new money the value of each individual dollar goes down because our paper dollars are not backed by physical gold"
By Minority Mindset | September 24, 2024 | Pending
From video
Can the US Keep Spending? A Deep Dive into America’s Debt Crisis 00:08:55 - 00:09:04
Interpreted Prediction
Creation of new money by the Federal Reserve decreases the value of individual dollars, as they are not backed by precious metals.

Prediction Details

Topic
Inflation and Monetary Supply

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