its not only a problem for average person, but also for US govt, as they are mainly reliant on re-financing of $30T debt, plus an unending appetite, which would have dire consequences as teenies approach 3%
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CPI came hot ...
No surprise there .. market drops about 1p .. no worries there .. but the cause of inflation so far is mainly crude and diesel.. so it's...
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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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as Fed have been raising Federal rates (short-term) this year, market has been dropping long-term rates since Jun 15th anticipating downturn...
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And GooG issues new stock to generate $80B to invest in AI buildup .. now that's smart .. but who's?
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