Forex reserves decline by $160 million to $635.67 billion

[frozenthecrafter]

 never had so many viewers with this wild exciting political discussion

[PierreLeaf]

It really just comes down to the government is being controlled by capital interests, America being a "Capitalist" society there is no way around it. It will simply dig its own grave further.

[DeadpoolMcGee]

Just saw that inflation just reached 6.8% (the highest in 39 years). If Jpow doesn't stop with his printer, inflation in 2022 could be wild af

[Guilherme_TAdeu]

Yes finally someone is mentioning the qualifications creep. Inflation is also in a way in the cost of getting a job. whie automation might generate more jobs #doubt its also killing all the low paying low skilled jobs that you can get with less education, the new jobs will require higher education which require more money, meaning the cost of getting a job is increased tremendously. This will badly affect the social mobility and deepen the class divides.

[MrPaperTrain]

Sherman, is still writing cheques I see?

[jesstheredhead]

Could it be both the trade war and covid are the perfect storm?

[RoyalGuardian_T]

It is not desirable for inflation to be stopped, or even slowed too much. The Central Bank's power are less and less as economies get bigger and bigger.  And despite what we are told there is a disconnect between government fiscal policy and the policy of the Central Banks.  CP is a poor metric, but one we have used for decades.

[xXxZin313xXx]

The people made so money they're so fear that they can't had all the time to enjoy !

[thehelt]

 not have any significant consequences to inflation, deposit rates do. There is a simple connection between them,  interest rates always have to be higher than deposit rates. So what they actually want to say is: FED should increase deposit rates, which would also lead to an increase in interest rates. (they probably does not know it, they only heard somewhere that interest rates are good against inflation and now they are repeating it like idiots)  2. Deposit rates are yields that commercial banks get out of money they put into FED deposit. 

[exultant]

Crypto bubble... Wait for it..

[lighterage]

Mongoose coin  lmaooooo

[ponyp2271]

That nose is enormous!

[ketchupy]

Yes it can.  Re-Elect Donald J Trump

[superbowser77]

first time? here in argentina we have 52% we had like 2000% inflation accumulated in 20 years

[harpole]

Greed is also the problems. The wage is raise and so the landlords and other field of businesses start to change the price to enrich themselves more.