Not all economies will seek to inflate their way out of this black hole. Prior history tells you that most Western countries usually wish to attract capital, via stronger currencies.
Good catch, that was: prior history ;)
"All other major central banks like the People’s Bank of China (PBOC), Bank of Japan (BOJ), and European Central Banks (ECB) will also print money because now that US monetary conditions are loosening they can print money without weakening their currencies." https://cryptohayes.substack.com/p/bad-gurl