Russia eases capital controls to let companies transfer forex overseas

Started by OZER, Jun 08, 2022, 10:50 PM

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This is a hangover of the Trump administration exacerbated by Covid



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.

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.


The Korean said it would collapse even before he started it

Current economic model comes from assumption, and it leads the inflation. I think changes needed to global economic model, otherwise it will be a like chicken and egg problem, chasing around the tail forever. Nobody will be happy getting higher wage but in the same time the expenses getting higher too. It's exhausting for the government trying to control it. Does anybody here feels the same way as I do?

Bitcoin is not a bubble, good luck waiting for it to burst

That marks the second korean entry to the cold fusion. Arrogant dork had it coming

Consumer spending power has remained relatively flat during the pandemic while the ability to spend was reduced. This results in a shift from spending on services, such as airfare and hotels, to spending on goods, which is subject to massive supply disruptions. Americans saved at record levels in 2020. If we really want to get goods inflation in check, we should work to entice other countries to reduce COVID restrictions to allow for a free flow of tourism. Spending on vacations reduces the appetite to buy a new car or other goods on a more frequent basis, in turn reducing demand on supply-strained goods.

Crypto hustlers claimed bogus technology advancement to scam the unsuspecting congressmen and public.

Great Stuff. I started watching your threads last year as a beginner before giving stock market a trial. I was able to make $972,000 within 3 Months with a capital of $200,000. keep it up!

yes but in order to do so they would collapse the stock market and housing market.. this is all intentional to destroy the dollar to move to a digital fed currency for complete control.