FOREX-Dollar slips after U.S. inflation data

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

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Considering inflation is worldwide, we may be able to influence inflation but I doubt we can control.it. Nixon created inflation when he took the US dollar off the gold standard in 1971. Volcker's draconian interest rates finally tamed inflation in time for Reagan's second campaign in 1984.

yes, if all currencies have the same exchange rate, or just use gold or silver currency

More  BS FUD.  If you get hurt then you are stupid but you still have a right to spend your money how you want.  Lumping Tesla in the headline with bubbles is another example of pure FUD by  the joke financial news channel.  Urge some caution over Rivian, which is a bubble.  By the way Tesla could care less if Herz buys or not.  Tesla sells every car they make no matter if Herz was in or out of business it wouldn't matter.

Why the Tesla Logo in the thumbnail?? Tesla isn't a bubble im so so sorry .  Yesterday Wallstreet increased the price to 1580 dollars


Basically no one knows, and its made up.

We have a more serious problem. PS5 shortage.........

The problem is that you think you live in a democracy with a vote.  But do you know what those people do once they are voted into office?  Get a clue! Things have not changed for 40 years regardless whos in office!!  Guess why?? Wake up!!

Maxine Waters lowered the hearings IQ average by 20 points.



As a landlord with multiple fixed rates mortgages, I really, really like inflation.

Inflation is a product of labor and pay checks not spending by the Fed and business Republicans would like to increase the labor shortage by keeping the Mexican labor their donors are bring in out of the country. The shortage probably comes because people in their 60s and 70s used the pandemic to retire. And labor shortages may not mean everyone is employed, rural people who won't go to a job are not going to be employed. The last 10 or 20% of employment are people with similar problems, some failed to be motivated and reliable maybe before high school, others say I don't want to work at Walmart or Amazon, and other personal issues that lead to a life of mostly unemployment.

No because represent paid more easily your own.

Get rid of the fed go back on the gold standard stop endless bills and spending, dump the tax code and re write the entire thing so Amazon, Google and the like pay taxes on actual earnings not something made up. Most people pay more taxes by % of what they make then these big companies. Entire system is built to help the 1%.