No matter what the problem is, printing money is the only way to solve it. This is a consistent "fine" tradition of the United States! On the 11th local time , US President Biden signed a $1.9 trillion COVID-19 relief bill, which includes a subsidy of $1,400 per person to eligible American citizens. Yesterday, the relief money finally arrived, and the American people started a new round of shopping! The offline real economy was the first to explode. Some Chinese in the United States described this unprecedented event: Because of the new round of relief funds, each person received $1,400, and all kinds of monsters and ghosts came out to spend money in the mall! I have never seen so many people, I was squeezed into a meat pie, and I couldn't buy anything! Online shopping platforms will not miss this traffic feast. Currently, US sites have welcomed a surge in orders, and sellers are saying: The sales growth is visible to the naked eye, wow! When I got to work today, I was shocked to see the sales volume. Americans are really amazing. They buy as soon as they have money! Thanks to the American people, the order volume has doubled today! No wonder sales doubled hahahahahahahaha!!!!!!!!!!!!!!!!!!
The sales volume has increased a lot recently, and the ranking has also increased. Is it because I have become better or has everything become better... According to sellers in the community, everyone’s sales today have doubled compared to usual, which is really cause for celebration! In fact, before the Biden administration’s $1.9 trillion relief, the Trump administration also distributed $900 billion and $300 billion in epidemic relief funds. Relief requires printing money, and the reason why the United States dares to issue such a large amount of money is the global dominance of its dollar. For other countries, once there is excessive money issuance, the country's currency will "depreciate". Simply put, the purchasing power of the currency will decrease. But for the United States, if the purchasing power of its currency declines, it is not just the United States that will bear the consequences. Given the global status of the dollar, all countries must assume certain responsibilities. In other words, even if the US dollar is over-issued, it will not cause inflation in the United States, but all countries in the world will "pay the bill" for it. I wonder how many times this kind of "grand occasion" of giving out money can happen again? Although it is not a good thing in the macro sense, it is a rare opportunity for cross-border sellers. In addition to being immersed in the joy of booming orders, there is another thing that makes sellers unhappy! |
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