El Salvador's President Urges US Fed to Stop Printing More Money Amid Raging Inflation  

Exon Tenebris

Other 1 month ago
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As the U.S. dollar continues to experience soaring inflation, El Salvador's president, Nayib Bukele, has weighed in on the matter, pointing out that the increased printing of fiat money is the major culprit. Replying to a Bloomberg report regarding the issue in his latest tweet, President Bukele noted that the Federal Reserve (Fed) should stop printing more money, as its efforts to battle the rapidly escalating inflation with more cash injection are proving counter-effective.