Forex reserves decline by $160 million to $635.67 billion

Started by OZER, Dec 24, 2021, 09:00 PM

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I hope crypto crashes hard because I need a GPU. it's been disrupting GPU supply for years now. it has to stop.

The higher the Gini coefficient the worse the impact of inflation. Rich people aren't really going to spend extra on essentials but they will do it for things that make more money which are things that they can control supply.

every crisis is a rearrangement of the participants, so instead of trying to control the situation the best thing is let the economy recover, the worst thing the government can do is to continue printing money

 under-employment, it became very clear that a young man's best opportunities were in military service.I graduated high-school in 1973.  I took very literally the advise given Dustin Hoffman in the movie 'The Graduate'... PLASTICS!  Executive wage-and-price controls were in effect under the Nixon-Ford Administrations, then shortly after the Carter Administration very morally granted our old friend Shah Reza Pallavi a visa for treatment of terminal cancer -  the OPEC embargoed oil exports to the United States, which essentially hobbled our domestic plastics industry.  After two years of unemployment

Its because we've shifted our purchasing habits from services to goods... and it has nothing to do with handing out $9,000 to every family.



 world  Governmental debt and out of control money printingThis article is flawed inflation is caused in a large part by excessive money printing. They did not even mention this among the causes that have led to this wave of inflation. In fact there are multiple causes of inflation that are all made worse by the national