Until the USA pulls back from its fiscal debt spiral there is nothing it can do to lower interest rates or fight inflation. Buying 2% GDP growth by running a fiscal deficit of 6% of GDP is not sustainable or economically productive. The problem is the USA exports this inflation into emerging economies as the US$ soars on the back of all the liquidity that has to be pumped into financial markets to support the debt.
Charting, page-28
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Last
25.0¢ |
Change
-0.005(1.96%) |
Mkt cap ! $45.80M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.5¢ | $108.4K | 434.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4012 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 31662 | 1 |
View Market Depth
| Last trade - 15.52pm 14/06/2024 (20 minute delay) ? |
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Last
25.0¢ |
Change
-0.005 ( 5.66 %) |
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| Open | High | Low | Volume | ||
| 25.5¢ | 25.5¢ | 24.5¢ | 104963 | ||
| Last updated 15.52pm 14/06/2024 ? | |||||
| MMA (ASX) Chart |