RE: $125 TRILLION Needed In Money Printing This Decade

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So much technology to invest in... It's no wonder we needed to print that much money. I'm also concerned with the jobs that's going to be lost because of technology, and that too needed tons of money to be addressed. So I think $125 trillion is still a conservative estimate.

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(Edited)

I'm also concerned with the jobs that's going to be lost because of technology,

I think that machines will do things instead of the people for the people, so many people will not need jobs. Automation is a solution, not an enemy. But this is probably just/only my opinion.

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Automation is a solution, not an enemy.

I agree with you on this. It will, however, create a lot of disruption to society. We have not approached how to resolve it.

Personally I think DAOs and cryptocurrencies will hold the key but many are going to pursue the UBI route.

Either way there will have to be changes.

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It could be. A skyrocketing deflationary rate in the tech area along with it eating up, say 15%-20% of the economy could make that true. That said, I dont think we see this percentage in the US economy before 2030. Also, the global economy lags greatly in this area. Right now it is 3%-4%, about half the US.

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