although a quarter point cut is announced which is what was expected, but thinking about about fewer cuts next year ..market dropped 4.2% from its high ..!
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US debt has grown to 40T ...
but WS is silent .. no reaction by bond markets ..! although has risen to 5.3%
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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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