Forex Today: British Pound Hits 2021 Low

Started by OZER, Dec 12, 2021, 04:36 PM

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Bring back the dislike button! I bet its a great ratio on here!

Proof-of-work on notice in that brief energy discussion.

Save me money, save me. Where has your power gone. We will sacrifice for you, even our children's future. We will multiply you and worship your image. Who knew that money was a religion..... and the whole world worships it.

The argument that if prices inflate, then workers will ask for pay increases and owner will have to increase prices. Well, that's part fiction and an ideal scenario. The fact that wages don't increase with inflation for decades and some companies are forced to keep prices competitive and low compared to larger companies what have better economies of scale, it basically widens the wealth gap by making smaller businesses less competitive and workers buying power decrease over time. Let's not forget that companies only have an incentive to increase wages with inflation for top talent, and no incentive to do so for the rest of their workforce as the others are simply expendable. Economic theory is not reality. Economic Theory works better when there are Unions that fight on employee behalf to ensure everyone gets a fair wage.

Easy take $17t in wealth tax and tax evasion, and pay back fed. This removes $17t from economy and from those who either need it nor allocate it well.

+Get rid of all these mandates, people can find work, and prices will go down.


You want to control inflation? Turn off the presses and let 50% be absorbed into the economy.

One of the reason is fed printed $6Tn, where would all of this go....it would throw inflation off the roof...hence the absurd valuation, it's not coming down unless $6Tn is absorbed by Fed


Only asset that is not a bubble is bitcoin few understand




Not with Quantitative Counterfeiting.