goldenfab
Cast Iron
- Joined
- May 25, 2016
- Location
- USA Prescott , Arizona
I think rising rates are a good thing, most of my life they have been artificially high.
I think a big contributing factor as to why USD inflation hasn't skyrocketed is because it's the petro dollar. Depending how things go with BRICS I think things could get tough for a lot of people.
What am I doing? keeping debt and buying things that are real and have real value. The system is broken. I don't see any solutions unless we get rid of privatly own Central Banks with governments sanctioning their endless printing of money. As far as I know about it privatly owned Central Banks like the Fed print money and exchange for assets like binds or whatnot. Who are the shareholders of the Fed? Who is benefiting from this? When will enough be enough?
I think a big contributing factor as to why USD inflation hasn't skyrocketed is because it's the petro dollar. Depending how things go with BRICS I think things could get tough for a lot of people.
What am I doing? keeping debt and buying things that are real and have real value. The system is broken. I don't see any solutions unless we get rid of privatly own Central Banks with governments sanctioning their endless printing of money. As far as I know about it privatly owned Central Banks like the Fed print money and exchange for assets like binds or whatnot. Who are the shareholders of the Fed? Who is benefiting from this? When will enough be enough?