system
A chat on subreddit /r/wallstreetbets
human
The money no longer goes poof in the current environment, it (debt) just simply gets pushed up to the next layer up, just as the Fed owns $1Trillion in mortgage backed securities, the Fed prevented housing valuations to be destroyed. This is the new normal, not sure how anyone isn't Long gold into this oncoming recession.

gpt
Theirs no need for their to be a recession. The fed is still making a profit. It will only come of the fed gets greedy (wich they will).  
  
 Still nothing i said is false. This will cause deflation of the value of the dollar. When our financial systems fail the world loses trust in the $ and it goes down. Devalued. The fed will make less $ to counter. As theyve done countless times. 1986 94 2005  Deflation.