The Impact of Unilateral QE Policy on the US Dollar and Global Economies
One can observe the most recent effects of quantitative easing (QE) policies by looking at the stock market. Even to this day, speculative income has taken over the Federal Reserve in the United States. The Federal Reserve has not devalued the dollar as other countries have, and thus, there has been no realignment of the dollar to larger economies.
Worsening of Economic Conditions
To make matters worse, the Federal Reserve Chair, under speculative claims of interest rate hikes to forestall inflation, has not put pressure on states to end their crusade against production. Instead, the disappearance of the middle class and the uneven distribution of tax payments have continued. Some large fortunes are not even taxed, and speculative incomes, not obtained through any business, are not taxed until they are converted into property. This suggests that the Securities and Exchange Commission (SEC) advised speculators on when to pass their stocks through the stock exchange.
The Trump Administration's Policies
The Trump administration's policies were also in place, leading to social unrest among millions of Americans and workers, pensioners, and those demanding trillions of dollars in backpay and benefits. The U.S. tax record continues to grow dismal as a result. The situation required the Biden administration to closely examine the financial figures. His theory of quantitative easing in relation to the booming U.S. budget deficits led him to take interest in holding U.S. dollars, as holdings had dropped even through the Clinton and Trump administrations.
Biden's Role and Confidence in the U.S. Administration
Biden restored confidence in the U.S. administration and its commitment to regaining control of its destiny. This was hoped to restore U.S. pride and dignity, as seen in the sickening collapse of the dollar against the Japanese yen, and other major currencies. The theory of quantitative easing monetary policy exposed the U.S. to the main danger of loss of control over its currency, which could lead to the ultimate goal of the U.S. losing control over its economy.
Implications of QE
Trump's administration shut down public power in the U.S. in the belief that it was time to restructure U.S. society from a less ideologically structured society to a highly ideologically structured one. Along with this, the U.S. political economic direction was set aside, denying U.S. middle-class citizens the right to accumulate wealth for investments. This includes conditions such as the right to own and use property, capital, labor, and resources without undue government restraint. Thus, the American middle class represented the American family unit of enterprise in Congress as a right.
Protectionist Policies and their Impact
State protectionist policies replaced the political economic direction in agricultural interests, which formed powerful lobbies and other groups. These groups included Senators from many states who demanded and received high protectionist tariffs to shelter local American trade, and the states provided special subsidies and guaranteed prices and supports. The profits from these measures extended beyond meat and dairy products to many other foodstuffs, including fruits, vegetables, wines and spirits, among others. The CEOs of these businesses did not show any initiative or willingness to take the risks inherent in the capitalist system.
Many businesses throughout the U.S. are still family units of enterprise related to the Friedman Nation, operating as a crusade against production. Due to the theory of quantitative easing monetary policy, prices are unduly inflated. This has negative impacts on the distribution sector of the economy, making many middlemen firms and those handling products increasingly profitable. Today, the theory of quantitative easing continues to cause economic losses to the rest of the world.