Inflation 2.0

[2busy]

just read today of another country dropping the dollar as their reserve and settling in their own currency. brandon called the Saudi the other day and they wouldn't receive his call. this could get very interesting?

I wouldn't take his call either if he called me.

 

[Range Plunker]

I once purchased a home during the Carter years at 12.5 interest. Believe me, it can get worse, and I fully expect it will with an insensitive and tone deaf Administration.

 

[HarryBear]

No wonder nobody is buying anything. We have to pay for damn groceries and gas...

 

[cowadle]

another country dropped the dollar yesterday. watch the slide?

 

[HarryBear]

another country dropped the dollar yesterday. watch the slide?

Dropping the dollar means exactly?
They no longer work with fiat US currency?
What are they using instead?
Barter?

 

[montesa]

Dropping the dollar means exactly?
They no longer work with fiat US currency?
What are they using instead?
Barter?

https://www.thestar.com/business/op...-order-and-the-us-might-be-the-big-loser.html

 

[HarryBear]

Ah yes, the great reset

 

[John6185]

So if Yellen can't fix inflation, why do we need the reserve and the treasury???

If congress can't get along and be civil and WORK, why do we need them? And if they cant stop Biden, of what use are they?

 

[HarryBear]

So here's an example.
Chiropractor visits used to be $25 per for me.
Now, they are $65 due to not having a weekly continual office visit. I go about once a month but in order to get the $25 visit I have to go several times a week. Tell me again why we have insurance? Modern day scam/robbery companies.

Unless you need them.

 

[HarryBear]

It's now inflation 3.0!
*Insert not happy emoji here*