FOREX-Dollar slips after U.S. inflation data

Started by OZER, Dec 12, 2021, 04:37 PM

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Jay Powell and the Fed should be rocketed to Mars. They pushed for all the monetary and fiscal stimulus, and now just can't fathom "how" we got this massive inflation. F-ing morons wanted to inflate away  the US debt....

Here you can see how last generation can not engage with new generation, and usually next generation goes on.

Everyone knows that with 0 interest rates, the inflation cannot remain transitory. It twill keep going up.

If the general public coast to coast are not waking up and take actions that benefits their country, then undisputable praise should be given for the FED. Naturally if we are not learning from  the ignorance we create by ourselves to begin with, then blaming the actors of manipulation and corruption is not helpful.

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.

You need to get a trade! So you dont get a crap load of student debt and will always be needed!

It's not  crisis for the rich.....    why would the government want to stop it ?

lmao... yeah... everybody sitting around the office with graduate degrees with no1 to do their work for them


NO! the USA is simply insustainable the cost to live as we do is too much, borrowing to pay debts has never help anyone in debt.

Its because we've shifted our purchasing habits from services to goods... and it has nothing to do with handing out $9,000 to every family.

$Super ..SuperFarm (20x) NFT +Gaming and soon Metaverse.. Ellio is the Founder


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

Inflation cannot be stopped, it can only be controlled to certain extent. Inflation is an inherent property of economy driven by growth and profit extraction in the world where objects of value have absolute limits in quantity.