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King dollar
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redrobin
Posted 9/22/2022 06:22 (#9855353 - in reply to #9855321)
Subject: RE: King dollar


tmrand - 9/22/2022 05:58

I'm still pretty surprised we didn't see a full point interest hike yesterday.


Me too but I am beginning to think the rate hikes aren’t ment to tame inflation but to put economic pressure on BRIC nations . Not sure. High interest actually hurts the same people that inflation does so it’s a double monkey hammer on them.

Money contraction slows inflation but the king dollar draws offshore money here and I think it’d encourage inflation.
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