I am still a doom and gloomer for the economy as a whole, the numbers are all rigged. That said, I’m not fighting the Fed in the stock market as it steals from the poor to give to the rich.
+1
Belshazzar of Babylon was having a party for a thousand of his closest friends,
Things were looking good, and I’m sure all that was on his mind that day was how to entertain his guests and selecting the proper gold dishware for the evening, (whether there was enough time for a quick round of golf that afternoon)
All the FED can do is to pretend their about to raise internet rates with some ‘well planned decisive action’ as circumstances demand,
The minute interest rates are raised to curb inflation, the USA cant pay the interest on its debt, ergo inflation must never be acknowledged, its far far better for them that grandmas savings sit for long years in Bank CDs yielding only a paltry 1.2% than to allow their bankster buddies to falter,
Its completely rigged,
And recent brain-dead maneuvers pushing the BRICS nations to setup their own SWIFT system was a very bad move and spells the first step in taking down the dollar as the worlds reserve currency at some point in the future,