expanding .. provided boost to tennies from .528 this morning to .561 now ..!
Friday, July 31, 2020
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treasury plans to buy long term US debt to replace it by short-term debt
10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.
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Gold reaches all time high indicating inflation in future; so why are we expecting Fed to cut rates ..?
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GDP & Nuclear warheads of various nations : Russia 2.714T 5,500 India 3.9T 180 China 18.74T ...
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because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...
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