[–] ARsandOutdoors [S] 0 points 1 point 1 point (+1|-0) ago
[–] ARsandOutdoors [S] 0 points 2 points 2 points (+2|-0) ago (edited ago)
I'm big into finance and history of finance. I'm concerned that the Central banks across the world are stockpiling gold, instead of purchasing bonds from other central banks, of which have essentially an "unlimited" balance sheet. The world is awash in cash, because you have to convert to dollars to purchase oil we've been able to offshore the inflation. With interest rates rising, it's costly to hold US cash, harder to service your debts. The globe seems to be preparing for the end of the dollar-reserve and swift system. At this point America's debt can be weapon(ized?) against them.
[–] [deleted] 2 points 8 points 10 points (+10|-2) ago (edited ago)
[–] theshopper 0 points 5 points 5 points (+5|-0) ago
And then comes the federal reserve to create that cash out of thin fucking air.
It's really quite simple how we're all getting fucked, but quite hard to get anyone to do something about it.
[–] [deleted] 3 points -2 points 1 point (+1|-3) ago (edited ago)