Another market meltdown

[NJ5]

cdude1034 said:

NJ5 said:

A group of international banks have injected $180 billion (all in dollars I believe) into the markets. Isn't this going to drive the dollar further down and result in more inflation?

I don't understand these "solutions". It seems to me like they're patching holes on the submarine while new holes keep popping up as a consequence.

 

 

A lot of the problem has to do with the unavailability of credit, which is funny because the whole mess was started by the over extension of credit

The more liquidity the world banks can inject into the system, the better. You can use whatever analogies you see appropriate, but we'll get out of this eventually. The sky is not falling, the sub is not sinking.

I'm still doubtful that inflation and devaluation of the US dollar won't result... However, it seems pretty obvious that the economical leaders are in panic mode, triggering measures literally every single day now. The situation doesn't seem that simple to me.

How many dollars did the banks "print" to fix this mess? This must have a consequence in terms of inflation.