> But would’ve they predicted the that value of those 300B US dollars would be worth so much less?
I hope so. It has been the consistent course of action of the federal US government for many, many decades to provide a backstop for broad market asset prices at the expense of the purchasing power of the dollar.
All parties in positions of power benefit from increase in asset prices. The politicians, the business owners, the land owners, the 401K owners, the taxpayers (via defined benefit pension tax liabilities).
I hope so. It has been the consistent course of action of the federal US government for many, many decades to provide a backstop for broad market asset prices at the expense of the purchasing power of the dollar.
All parties in positions of power benefit from increase in asset prices. The politicians, the business owners, the land owners, the 401K owners, the taxpayers (via defined benefit pension tax liabilities).