We should all be concerned with the direction this is going - and i dont mean the thread
CBs are embarking on mega print AND targeting higher inflation. This means globally, CBs are going to continue to print, and 'allow' inflation to rise - like they can control inflation while the non stop Brrrrrr - We are just starting mega inflation as this is the only way CBs can see of lowering the debt burden.
Unfortunately, they dont understand that the $$$ needed by main st to cover inflated costs of living wont trickle down in time and this policy could ultimately be responsible for major social and economic damage to middle and lower class. (Main St currently getting about 3% in trickle down).
Those in charge of creating currency should do so only for investment in real products and services. Never for speculation or non GDP related transactions. Right now, those in charge of creating currency are doing exactly the opposite.
- Forums
- Commodities
- GOLD
- gold
gold, page-85511
-
- There are more pages in this discussion • 41,075 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online