Dollar selloff takes a break ahead of PCE inflation data

Started by OZER, Dec 24, 2021, 08:58 PM

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All pretty speeches and noble ideas. Until 20-30 years down the line crypto will be a system for the rich again

The problem is that the Fed is a central planner and central plans don't work.

The better question is can the US stop infiltration from communism.

Any way we can see how his predictions lined up in 2021?


Consume and waste less. Stop over using  gas guzzlers for your commute. Don't waste energy (power and utilities). That should help.





For a long time, China has been helping the United States to control inflation. Through a large number of cheap goods, it has helped the United States to keep inflation within 2% even when Federal Reserve printed a large amount of money. This kind of help to the United States even forced China to import a large number of oils and resources, and produced huge pollution and emissions. But Trump launched a trade war, drastically increased tariffs, as a  result, increased the prices of Chinese goods imported by the United States, and coupled with the largest printing of money in human history. Thereby, it is so reasonable that the inflation was naturally out of control.

The Fed printing more money will just slow down the economic collapse, it will eventually happen one day, and it's not just in the US, any other countries have the same chance. This is why I invest in crypto. Not a financial advice of course but if you look back in history, bitcoin's price just keeps getting higher unlike fiat money we have today.

 looks happy. maybe just happy that  finally says something different than usual. i'm just hoping the celestial visions of bears mean something and not representative of losing grip on reality.

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The crisis can not be stopped as the solution isn't politically viable.  As Milton Friedman put it Inflation is always and everywhere a monetary phenomenon"