Turkey's lira slides 5%; cenbank says it will monitor forex risks

Started by OZER, Dec 29, 2021, 10:53 PM

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That what happens when you print 2 trillion $ out of thin air.

Yeah! That's what they get for playing with their economy. Good riddance!





Inflation is really caused by three things  1. Low wages  2. Tax avoidance  3. Outsourcing  Everything after is just reactionary and not the cause.

What if the inflation is grow faster than the bubble? Can I call it "Slow-mo popping bubble?"

What corporation will the government bail out with our tax dollars?

It won't be stopped until we get more Volcker and less Powell.

Most bearish I've seen .  The last month of being wrong must be wearing on him.  Bitcoin $100K by Dec 31 is only about 60% wrong,


The Federal Reserve Bank is very, very destructive to the USA. A gold standard is superior.