Top Poster Of Month
- Sep 11, 2021
- Reaction score
There are some terrific videos on the economy. You must assess them of course. A slight increase in interest rates
would cause serious problems for governments who have massive debts.
This relates to Ireland.
The realization that the tapering is not only to stop but actually reverse is the straw.Oh By God. I think Turkey an China is the straw that broke the camels back. Big investors already lost heavily.
Over what period is that legal limit? A bloated limit is no limit at all. There was off course always devaluation of money.
Of interest is the fact that Treasury bonds are selling off. Usually any crisis will see a flight to safety. But US bonds are no longer that safe it seems.Tension over Ukraine are high. Russia is carrying out Naval exercised off the Irish coast.
Except he does not print money, he borrows it . It is The Federal Reserve, not the government that prints money.I agree, there is a senile president and a silly VP. He will keep printing money, bond holders will be repaid in inflated dollars. So if you buy bonds for the price of 100 houses in a good part of town, when you are repaid with interest in 10 years it will only buy 10 houses or less.
The two of them really believe they can avoid paying back by printing money and they can. That is why confidence in the dollar will fall.