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

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

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In simple words : inflation form when you eat more than your earnings.

Inflation is part of the plan. Just like the vaccine mandates. You will own nothing and be happy.  Rich get richer, Poor get poorer.

As the old saying goes :     "Keep printing and spending. Things will turn out ok."                                                          _Brandon_

Musk knows his stock is coming down, he's probably shorting his own stock (covering his own ass) and then blame the economy.


Inflation was always there, it was just hidden with low cost goods.  Try comparing a Lawnmower from the 70s that was proudly made in America to one that is created today made cheaply in China. The older Lawn mower is built to last where as the one made today would break in a couple of years (by design so customer has to buy a new one).  This is how China has become a super power because to hide inflation the super rich in democratic countries in the world, outsourced labor to China to make cheaper goods.  It is all so the super rich dont have to pay much for workers.  Keep goods and services cost low, keep pay low, keep taxes low. If anything disrupts this mantra, it would result in less money for the super rich.  Now that China has become so powerful that they can now start charging more for their goods, it means the super rich of the democratic countries that used China for cheap labor has no choice but to pass the cost on to their working class.  Its also the reason for the trade war with China, and moving cheap labor to South East Asia, war torn countries like Pakistan, or slave like labor (Blood Diamond like operations) in Africa.     Inflation exists because of greed.  Greed is not going anywhere.






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Funny how nobody mentioned "stealing" as an equivalent of gambling in bubbles. Commoners blame Wall Street for this speculative behavior, yet copy them...

a coin is a coin as far as i am concerned, glad I stayed away.

@ 14.14 she was just about to say bitcoin clearly say bitcoin but i noticed she caught herself only in time to fix it and say billion!