Biden is a puppet. He is NOT the president. He reads what he is told to say. Greg tells it as it is. This world is run by the central banks, and the head is The Fed. What they do with the Dollar instantly reverberates everywhere on the planet, except MAYBE a few places (North Korea/Iran) that never capitulate to the banking cartel.
I am in Thailand and am watching the Thai currency depreciate so fast against the
USD. These governments borrow Dollars when the Thai Baht was 30 to the Dollar and today it is 35 to the Dollar. Any wonder this creates havoc in the bond markets everywhere? We need STABILITY, but that does not feed the greed of the money speculators.
oh I have no doubt Biden is a puppet for the FED. Do you think the FED wants Stability? During the last couple years with Biden it has been one problem to the next. It wasn't like that under Trump. But yes Trump is another puppet but a different puppet that did different things ie less government red tape. But I need to ask what are you paying for gas in Thailand?
It looks like the Federal Reserves tool kit is a deluded smoke & mirrors decoy. The system only works for the few (elite), the corporate cabal, and the captured political class!
Lose-Lose. You got that right. Win-Win. Win-Lose. Okay. But Lose-Lose is truly the Losers Game. How many Clowns are attending the Mad Hatter's Tea Party today?
Cramer on CNBC shares his predictions and stuff. Tell the SEC in SF to go back to picking Tesla car colors. Gezzz...Greg / and lawyer -- you can do this!!
I have been going through these perpetual highs and lows since the early 1970s when Nixon pulled the plug on the gold backing the USD. The system is insane. It does not work. It serves a few at the very top and it eats the rest of us alive. We try to be our own central bank as Greg says all the time, and they totally manipulate the price of gold, silver, copper, oil, gas, lumber, beans, rice, corn, iron, and everything else.
Obviously if someone has borrowed a millions dollars and is paying 1% or $10,000 / year interest, and suddenly the cost of that money jumps to $30,000/year it is going to hit very very hard. That is what has happened already in the mortgage market, hence sale of real property are coming to a gradual halt, prices will drop, and everything connected with the housing industry is going to crash big time. Of course for those with liquidity, like THE BANKS, this will be a fabulous buying opportunity.
I thought it hilarious Powell said today that it was important that the public believed in the credibility of the Fed. I thought I'd choke on my sandwich.
Aren’t we all Fed up?
Very much so. I am in Thailand and am fed up with the Bank of Thailand too.
The Federal Reserve has as much credibility as the FDA and CDC. Their credibility factor was squandered a long time ago.
END THE FED
Sad but true, hope everyone understands one of the most basic tenets in life " There is no free lunch" Pepto isn't going to help
thanks the FED is destroying the USA. But according to Biden we must "respect the FED". At least Biden says who really is in charge.
Biden is a puppet. He is NOT the president. He reads what he is told to say. Greg tells it as it is. This world is run by the central banks, and the head is The Fed. What they do with the Dollar instantly reverberates everywhere on the planet, except MAYBE a few places (North Korea/Iran) that never capitulate to the banking cartel.
I am in Thailand and am watching the Thai currency depreciate so fast against the
USD. These governments borrow Dollars when the Thai Baht was 30 to the Dollar and today it is 35 to the Dollar. Any wonder this creates havoc in the bond markets everywhere? We need STABILITY, but that does not feed the greed of the money speculators.
oh I have no doubt Biden is a puppet for the FED. Do you think the FED wants Stability? During the last couple years with Biden it has been one problem to the next. It wasn't like that under Trump. But yes Trump is another puppet but a different puppet that did different things ie less government red tape. But I need to ask what are you paying for gas in Thailand?
I am betting they are going to lose control here. Shorting FTSE, wish me luck.
Good luck Peeg!
Greg, he is saying what you have been saying for years! This country is so screwed. We are turning into a third world shit hole.
TRANSLATION: ESG Controlled Markets by Vanguard, Black Rock and State Street are not FREEEEEEEEEEE MARKETS
Erosion of fed credibility, I like it.
It looks like the Federal Reserves tool kit is a deluded smoke & mirrors decoy. The system only works for the few (elite), the corporate cabal, and the captured political class!
Lose-Lose. You got that right. Win-Win. Win-Lose. Okay. But Lose-Lose is truly the Losers Game. How many Clowns are attending the Mad Hatter's Tea Party today?
Policy credibility - Managed market
Mismanaged Markets.
Did You watch His Body Languish when He first started. The BS He was trying to sell us kept getting stuck in His Throat and and He was so nervous
He couldn't keep the Script He was reading from shaking
Cramer on CNBC shares his predictions and stuff. Tell the SEC in SF to go back to picking Tesla car colors. Gezzz...Greg / and lawyer -- you can do this!!
I have been going through these perpetual highs and lows since the early 1970s when Nixon pulled the plug on the gold backing the USD. The system is insane. It does not work. It serves a few at the very top and it eats the rest of us alive. We try to be our own central bank as Greg says all the time, and they totally manipulate the price of gold, silver, copper, oil, gas, lumber, beans, rice, corn, iron, and everything else.
Obviously if someone has borrowed a millions dollars and is paying 1% or $10,000 / year interest, and suddenly the cost of that money jumps to $30,000/year it is going to hit very very hard. That is what has happened already in the mortgage market, hence sale of real property are coming to a gradual halt, prices will drop, and everything connected with the housing industry is going to crash big time. Of course for those with liquidity, like THE BANKS, this will be a fabulous buying opportunity.
I follow that goy too!
I thought it hilarious Powell said today that it was important that the public believed in the credibility of the Fed. I thought I'd choke on my sandwich.