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


The fear mongering in US media is insane. As long as inflation is controlled it is NOT a problem. It didnt appear out of nowhere, it is the outcome of the economic stimulus created by the government. The United States is the greatest economy on earth with the greatest minds to work on this problem. I am sure things will be just fine.


We are definitely paying attention to this because this came out of Elon Musk. If Elon Musk says the economy is in bad shape then everyone needs to pay attention? Lol. See how the stock market goes down with him worrying about the economy. What an enormous influence over the market. One of The smartest person in the world is an expert in everything. Knowing so much From covid pandemic, going to mars, defending free speech, to now worry about the economy.

This is a much different Musk than what you saw in mid April. That was 6 weeks ago.


Mr. Mooney seems to be living in the Cuban Missile Crisis Era, why the focus on "rogue states" and the possible use of crypto in evading sanctions? America World Police has caused more misery in Cuba than anything its government could do internally. This hearing is about innovation Mooney, get over 1980s policy.

doc4.xmlxslF345X030001209191210672260001321655dataedgarArchiveswww.sec.govhttps:

This is not a new story. Paying 20% to save in a 14% market is a tip-off. brPaying LESS than the interest rate for borrowing is another tip-off. brWhere is the underlying value - another tip-off? brbrTerra UST amp Luna are modern day tulips!

How can inflation exist in a zero interest climate where wages are stagnant? Sorry, being Australian I don't get that (Australia is big but our economy is medium sized).  It's different here. We have all the above but we are having a stupidly wild housing market - everywhere.  People are greedy & stupid, rates will rise. When the US ups it's interest rates, a lot of Australians will learn that a $1,000,000 loan on a $120,000 income is not wise.



The 'crisis' won't stop until they usher in that chip if ya know what I mean.

People were calling his no remote work as him trying to get people to quit so he doesnt have to offer them severance. LOL...right on the money. Jesus this guy is scummy.