I see a people making this comment from time to time, and the reality and economics just does not back it up. A weak economy causes the Dollar to tumble, which is why the dollar is very low right now.
If they open the economy, and provide a another stimulus, it will not hurt the dollar it will strengthen it.
If you are talking about UBI, where the entire population was paid $2k very month, then I would agree with you, that it would cause massive inflation, that is not the case for a one time (or even 2 time) stimulus.
I see a people making this comment from time to time, and the reality and economics just does not back it up. A weak economy causes the Dollar to tumble, which is why the dollar is very low right now.
If they open the economy, and provide a another stimulus, it will not hurt the dollar it will strengthen it.
If you are talking about UBI, where the entire population was paid $2k very month, then I would agree with you, that it would cause massive inflation, that is not the case for a one time (or even 2 time) stimulus.