Serious USA in deep shit liao. Inflation out of control

[hbk75]

They say wanna hike rates to combat inflation but I dun think they can even increase by 0.25 % now. Their debts already 30 trillions and still increasing non stop.

If inflation now is 7% increase rates by 0.25% also cannot do shit. They dun have a Paul Volcker anymore. So I think USA is like all the past empires during their last phrase of power. Inflating debts until it does out of relevance.

 

[tanwahtiu]

They say wanna hike rates to combat inflation but I dun think they can even increase by 0.25 % now. Their debts already 30 trillions and still increasing non stop.

If inflation now is 7% increase rates by 0.25% also cannot do shit. They dun have a Paul Volcker anymore. So I think USA is like all the past empires during their last phrase of power. Inflating debts until it does out of relevance.

人再做 天再看 .... lawyers destroy US...
100 lawyers: 4 engineers economy will collapse.

 

[hbk75]

人再做 天再看 .... lawyers destroy US...
100 lawyers: 4 engineers economy will collapse.

Sinkapore also. During lau lee era is all ministars can work. Now under pinky is all.can talk only.

Industries also. Last time all can work. Now property agents more than engineers.

 

[ftan42]

used the same trick again, let retailers sell their share, suddenly no rate increase, share rises

 

[hbk75]

used the same trick again, let retailers sell their share, suddenly no rate increase, share rises

Now fed reserve is buying 70% of their own us bonds. Outside countries nobody is buying liao. So is ownself print ownself.

It is exactly why inflation goes up. Just print more money then will be more money chasing the same amount of goods.

 

[syed putra]

They say wanna hike rates to combat inflation but I dun think they can even increase by 0.25 % now. Their debts already 30 trillions and still increasing non stop.

If inflation now is 7% increase rates by 0.25% also cannot do shit. They dun have a Paul Volcker anymore. So I think USA is like all the past empires during their last phrase of power. Inflating debts until it does out of relevance.

This inflation is logistic related. I think there are still many vontsiner ships waiting to dock in los Angeles as delay in unloading due to containers stacked up in the port due to insufficient trucks. Hence higher freight.
Same with price of petrol/ duesel. It went up because oil companies are forced to decarbonise or face hefty penalties.

 

[JohnTan]

It is exactly why inflation goes up. Just print more money then will be more money chasing the same amount of goods.

Given that the US dollar is a global currency, and that global population is rapidly increasing, the US should print more dollars. There's enough people on earth to absorb all that US dollars into their own local economies. The US dollar will continue to hold steady.

 

[hbk75]

Given that the US dollar is a global currency, and that global population is rapidly increasing, the US should print more dollars. There's enough people on earth to absorb all that US dollars into their own local economies. The US dollar will continue to hold steady.

British empire also thought they global currency last time mah. All empires got a lifespan.

 

[hbk75]

This inflation is logistic related. I think there are still many vontsiner ships waiting to dock in los Angeles as delay in unloading due to containers stacked up in the port due to insufficient trucks. Hence higher freight.
Same with price of petrol/ duesel. It went up because oil companies are forced to decarbonise or face hefty penalties.

Is also related to money printing lah. Mat dunno economics one.

 

[syed putra]

Is also related to money printing lah. Mat dunno economics one.

If there is demand for all that printed money, then there is no problem.

 

[hbk75]

If there is demand for all that printed money, then there is no problem.

I think u need to study economics.

 

[JohnTan]

British empire also thought they global currency last time mah. All empires got a lifespan.

So while they are still in power, they should print more of their money. Other than the US dollar, the other global currency in the past was likely the Spanish dollar, known in chink as 'da yang'. They were widely used in the Americas, Far East and in Europe. It was the daddy to the US dollar, and also known as 'piece of eight'. You might have heard this term from 'Pirate of the Caribbean movie'.

 

[syed putra]

I think u need to study economics.

 

[hbk75]

They can never hike rates because like any dying empire. Is just to print until hyperinflation

 

[syed putra]

They can never hike rates because like any dying empire. Is just to print until hyperinflation

And those that depend on this empire, will keep on supporting the USD as they too will die if US does.
I think they have been saying this since 1990's.
Unless, say, japan and china stops using USD as reserve currency, usd will collapse, but so will their economy.

 

[hbk75]

And those that depend on this empire, will keep on supporting the USD as they too will die if US does.
I think they have been saying this since 1990's.
Unless, say, japan and china stops using USD as reserve currency, usd will collapse, but so will their economy.

1990 time us dun have such deficits. It was after 2008 then the rot starts. Just face it. Nobody wanna suffer from exported inflation from a currency that is being over printed. Now they have no alternatives. Once they do all will jump ship.

 

[Leongsam]

They say wanna hike rates to combat inflation but I dun think they can even increase by 0.25 % now. Their debts already 30 trillions and still increasing non stop.

If inflation now is 7% increase rates by 0.25% also cannot do shit. They dun have a Paul Volcker anymore. So I think USA is like all the past empires during their last phrase of power. Inflating debts until it does out of relevance.

This is what happens without Trump in charge.

 

[pvtpublic]

1990 time us dun have such deficits. It was after 2008 then the rot starts. Just face it. Nobody wanna suffer from exported inflation from a currency that is being over printed. Now they have no alternatives. Once they do all will jump ship.

jump ship to what? yuan?! euro? BTC????

dream on la.

 

[saynotomsm]

 

[saynotomsm]

Fiat currency collapsed.
End of private Central Banks.
Global currency resets.