The United States has had it’s credit rating downgraded yet again by the firm Egan-Jones.
The American credit score has been cut from AA to AA- following the Federal Reserves announcement to pump $40 Billion a month in the U.S. economy as it saw fit.
The Credit Firm said that the creation of more money does little to improve American Gross Domestic Product, and reduces the value of the dollar.
As the mounting U.S debt continues to rise the value of the dollar will continue to reduce, and the American Credit score will fall.
Here is a video that may be of interest to you helping you to gain more insight into the dangers of Stimulus.
Hyperinflation Nation:
