What Makes a Successful Forex Trader?

[.php]

I think anyone who is paying attention has a 'super bad' feeling about the economy right now...

[mel]

Money printer went brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr!  Inflation goes uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuup!

[akee]

No

[clos]

Nobody goes to their employer and ask for a raise based on inflation. These economists live in dreamland. Probably 50% of Americans dont even know what inflation is because they dont even know who is the VP of the country now.

[feud]

Greed and hubris, sure ingredients to make a small fortune from a large one.

[dof]

They're talking about run-of-the-mill inflation driven by wage-price spirals, and saying that's how you get an inflationary spiral. In my mind, that's not the only way. We have a fiat currency and it's value is really derived from people's faith in it's value. You can print money and encourage borrowing etc, but much like stock market bubbles, there is a tipping point in there when all the feedbacks turn from negative to positive.  Normally, you hold money, it holds it's value, there's no real push to gain or spend it. If you think inflation is going to increase, it now becomes a hot potato that you want to spend as soon as you get it. You do this by buying useful assets like houses, land, food, things you need. When everyone does this it drives up the price, which would normally dampen demand, but if the expectation that money will continue losing value and the price will only increase, then the price doesn't matter anymore. Sellers can ask arbitrarily high prices. But who's going to sell into this and accept that money? Thus supply goes down at the same time demand goes up, further exacerbating the situation.  The government has been pumping new money into the economy to try and stimulate it, yet velocity stays low. Who needs to spend all that money under normal circumstances? But what happens when it all starts losing value? All that "cold" money suddenly turns hot, and the *effective* money supply suddenly increases. Meanwhile, everyone is also incentivized to borrow as much as possible to "short" the currency, further increasing the supply. But who wants to lend into this? The credit market slows, and the government steps in as "lender of last resort" again....using printed money.  Meanwhile, the massive amounts of money tied up in the stock market suddenly need a new home. I mean, who wants to hold a stock when all you can get out of it is increasingly worthless money. You paper gains are impressive, but it's only a reflection of the fact your asset is losing value, because the only value it has is denominated in dollars (rather than any kind of tangible use).  I mean it goes on and on. Wage-price spirals may be a part of 'normal' inflation but they don't really play into hyperinflation.

[rik9]

Dan Ives literally sounds like he's slow

[gumm]

Exactly what the USD and Canada dollars are goingbrAnd why they are trying to apply and doing to our money

[Lysa]

Only those who take the time to do their research will do well in this space.

[abies]

Thanks for continuous great threads, I feel those who would allow the Market dynamics to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I#39d say that more emphasis should be put into trading, since it is way profitable than holding. i would say trading has been going smoothly for me, all thanks to Jianjun Mason for his amazing skills for help me to earn 17 BTC through trading chart.....

[bvf]

John 3:16‭-‬17 The Bible

[acir]

What about the people who suffer from identity theft? I know it is a huge problem and people suffer lifetimes with soc sec numbers that are flagged accordingly and struggle to even get a free gas card. What is the policy on this. What about people who do not access the internet.

[caja]

the dolor is spreading. that's what you get for messing around

[jide]

He's also been claiming full self driving for how long? Lol

[rpo]

Inflation is caused by 3 things:  1)  increasing demand (the US has been constantly printing money, check) 2)  Supply shortages (US is in a trade war with China causing shortages, check) 3)  increasing business overhead costs (minimum wages, costs of material, and corporate taxes are increasing the costs of running a business, check)  As long as nothing is changed from the above then expect inflation to keep rising.