As Erdogan's rate talk fuels forex demand, the Turkish Lira sinks to 17 Dollars

Started by OZER, Jun 08, 2022, 10:37 PM

Previous topic - Next topic

{Revelation 6:5-6} 5   And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.  6   And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.

Stop printing money and stop the government from spending. But the main cause of inflation is the value of the dollar. The more the government spends the value of the dollar gets smaller. Which drives up the cost of products. Stop the spending. Stop the Build Back Better  bill. Bring back jobs at the oilfields, close the borders and lower taxes.

What is your agenda pushing TSLA into meme stocks? They seem to be undervalued based on both current cash flows, growth and forward earnings. There are so many unprofitable overvalued meme stocks like LCID, RIVN etc. but all you know is TSLA? Lame lazy misleading journalism!

Is it not simply that there is just too much money floating around globally and the 'rich' don't know what to do with it. So they invest in anything that might bring some positive ROI and this drives up prices and the spiral begins. And so the rich get richer and the rest of us can pay the price in the end by ball-outs, privatizations and loosing pensions.

As a landlord with multiple fixed rates mortgages, I really, really like inflation.


In the long run of history measured across decades, I think the TerraLuna disaster will be regarded as a growing pain for algorithmic stablecoins. They are here to stay because you cannot destroy workable ideas, even if the prototypes were unstable. Like meme coins and juvenile concepts like #39aping in#39, algorithimc stablecoins in their current form are toxic for investors and the space.

Elon Musk is an American media star. I don't think that any of the fabricated content at FOX 'news' upsets this guy one bit. Elon Musk  loves the attention.  He follows the FOX 'news' ratings strategy to maintain his popularity.  He never criticizes Trump's words or, deeds This is what FOX and Elon consider a free press???

Everyone knows that with 0 interest rates, the inflation cannot remain transitory. It twill keep going up.




Aggregate demand is being pumped up bc of extra money printed by the fed.....aggregate supply is constrained bc of pandemic....hence we get higher prices....the fed needs to gradually raise rates....they have been too low for too long  ...

Frankly speaking, his idea is not new. Many crypto venture capital turned blind eye on this loop-holes.