#usddollar — Public Fediverse posts

#Economy #Inflation
...and to that I'll add what I just heard on MSNow about Consumer Sentiment regarding inflation. In the above-described scenario we now have with the #StraitOfHormuz and #Iran proclamation that we'll see a day when we wish gasoline was as cheap as $5 per gallon, keep your eye on how the Fed doesn't have a Fed to bail it out when Russia + China dump Treasuries like they dumped investment bank stock in the 2008 crisis.

The Fed will be so trapped in its corner that it'll start printing money, doubling the rate of devaluation of the #USDdollar .
Yeah--if you think things are too pricey now, #Trump just said "hold my beer".

#Economy #Inflation
...and to that I'll add what I just heard on MSNow about Consumer Sentiment regarding inflation. In the above-described scenario we now have with the #StraitOfHormuz and #Iran proclamation that we'll see a day when we wish gasoline was as cheap as $5 per gallon, keep your eye on how the Fed doesn't have a Fed to bail it out when Russia + China dump Treasuries like they dumped investment bank stock in the 2008 crisis.

The Fed will be so trapped in its corner that it'll start printing money, doubling the rate of devaluation of the #USDdollar .
Yeah--if you think things are too pricey now, #Trump just said "hold my beer".

Rupee falls 7 paise to record low of 90.97 against US dollar; Sensex plunges 1,065 points https://english.mathrubhumi.com/news/money/rupee-falls-record-low-us-dollar-sensex-l8a8mg3t?utm_source=dlvr.it&utm_medium=mastodon #Rupee #USDDollar #Sensex #Nifty #IndianMarkets