If so, the American people who guard their country's FIAT are 22% poorer. In a way, then, the dollar-backed economy, too.

A recently published investigative report shows that the US Central Bank printed more than 22% of all existing US dollars in 2020 alone.

In a video titled “Is the Hyperinflation coming?” published by the YouTube Economics Explained profile, the group discusses the economic policies applied by the governments of the world to save the economy, and points out the misconception of the unbridled impression of state money.

The video, which is a lecture on inflation, shows how the US government printed more than 3 trillion dollars and how it will impact the economy.

The Wall Street on Parade newspaper published an extensive report on how the American Central Bank has pumped more than $ 9 trillion in fund bailouts since September.

On the other hand, the New York EDF embarked on a huge emergency loan operation that reached $ 6 trillion dollars cumulatively.

The dollar has two classifications, M1 and M2, with M2 being the most accurate for analyzing American inflation.

The upward curve of the M2 dollar this year is completely abnormal compared to its history. He went from the $ 15 trillion house to the $ 18 trillion dollar house.

Not least, investors in metals like gold or cryptocurrencies like Bitcoin believe that the injection of FIAT money by Central Banks worldwide will make these assets highly valued in the coming years.

In a Twitter post of a DanHeld profile gif, the rampant dollar impression is compared to Bitcoin, and it shows what it represents.

But data can show it better. According to a publication by Pantera Capital, the United States printed more money in the pandemic than in the first two centuries after its founding.

To make matters worse, in the month of June alone the US budget deficit was US $ 864 billion, which is equivalent to all debt incurred in two centuries of American economic history (from 1776 to 1979).

As economists around the world have observed, the massive impression of FIAT money provided by the countries' Central Banks will bring about a severe economic recession soon, and the moment will be accompanied by superinflation.

Is this the time for cryptocurrencies?