Forex reserves fall $4.5 billion in two weeks

Started by OZER, Dec 12, 2021, 04:34 PM

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No. Here's a better question, though: does the US WANT to stop inflation?

I was hoping for the Bitcoin bubble pop,  but it's still going strong.

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Friday CPI report is going to be a bloodbath for the market




There's too much debt in the system. There's needs to be growth to outpace debt obligations. Any deflation is an instant calamity that halts the economy. Boomers need their asset values to retire. Younger generations need to accumulate assets with labour and productivity.

Powell did the biggest blunder in recent history of monetary policy. Lagarde is worse but it's not a blunder in her case, it's intentional. Madam Inflation wants high inflation in the eurozone. Buy a car today because next year you'll pay 50% more. Lots of printing + lots of savings + pent up demand + supply shortages + investors hedging against inflation = there's no stopping in prices now. Germany planning to increase minimum wage by 25%.


We definitely need term limits for these ol heads.

Though the help of ️.I was able to add $5,000 to my bitcoin wallet for me to start business. Guys here in Australia mask have really been good to us all

Not if the US government doesn't stop printing money

bingo at 11:00 minutes, hmm we need to strengthen the workforce in America, too much power to various companies and employers who export American job labor and now are anti-union. If the minimum wage had matched inflation from 1968 we would be looking at 2021 rate of $25 per hour to allow persons in America, to afford to save for homes, rent cheap, save for emergencies and generate wealth for all Americans but with the minimum at $7.25, we have a poverty wage and over 40%of the American workforce is living pay check to paycheck, millions fell into poverty in 2020 pandemic. The freakin child tax credit literally lifted some 20 million-plus children out of food insecurity.  Too many hedge funds and private equity firms driving up housing, rentals across America in all 50 states, and we are about to remove 455,000 truck drivers off the roads in less than 10 years with automated trucks, is one another example of millions of families being affected with job changes and the economic change of America in the 21st century.