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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Congress has outsourced it's responsibility to the FED.   They wants to abrogate their responsibility of making difficult but necessary decisions.    Balancing Taxes vs Spending isn't needed when you can print money out of thin air.

Easy: Make Money more expensive (higher intrest) inflation falls, make money cheaper inflation rises. A lot of national banks do this for a century and it works!

lol the government is doing this to artificially prop up Wall Street. If they stop, then the billionaires will lose money. Pretty much they're making the rich even more wealthier at the expense of the working class. That is exactly why the 1% has been achieving greater wealth, while the working class is now poorer.

if the fed can: a) stop population growth b) stop people who invent new things like technology which take away jobs c) provide 100% job security



Jaime Dimon has a more dire warning but here we can see Elon Musk is charismatic and more popular then Jaime.

Are these people for real. Markets price the future I would have lost tonnes of gains of i had listened to these smartasses thank God i held on to my ether.

Thankfully I am a Muslim..and I am not allowed to invest in crypto... hence no worries...



When you give steel and lumber prices can you give units with those too.