either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being local is lower .. so is food and apparel too . as some stupid commentators were worried about the price of T-shirts
Wednesday, June 11, 2025
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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...