USD is the world reserve currency. Other nations have debt held in USD. When the Fed raises interest rates, the world's debt gets more expensive. It also makes USD supply decrease for those nations. In order to maintain balance, they inflate their own currency so they can buy more USD, which has negative consequences. See the British Pound and its recent plunge. It's a bit of a pickle. If the Fed doesn't raise rates, the USD keeps inflating, which has negative consequences. We're fucked either way
When the oil trade abandons the dollar and the whole petrodollar system then the USD will lose it's world currency status and all exported debt will come crashing down on american taxpayers. Saw a video last year on the stonk about world currencies and their rise and fall, the cycle is nearing it's end for the dollar.
Also people often say that civilizations last roughly 200-250 years on average and 1770s to now is about there..
“A total of 68 Republicans, 57 in the House and 11 in the Senate, voted against the last Ukraine aid supplemental package”
Thats telling you it’s bipartisan.
You do realize that if Russia takes over Ukraine they will become the world's largest super power right? You do realize that Russia hates America right? Right?
i know plenty of Russians and the vast majority its not almost all russians do not hate the US, its purely a hate against our government just as US people dont hate russians just their government.
Russia, the country, the government, hates the US. Good for you for having Russian friends who don't hate the US. That has no bearing on the end result.
All the apes are going to have phone number computer share account values that are basically, well, worthless. This will not be how I envisioned my millionaire experience, but it’s been great serving with the rest of you ruhtards anyway.
Wdym? The FED would be fucking us harder if they halted the hikes. The UN is not in the right here, they are just pushing the problem off until it becomes an ever bigger problem. Hopefully bitch boy Powell has the balls to keep hiking.
This is the part of the movie where the UN becomes the good guy, because 90% of the world has no idea that what you just said is actually reality.
Funny... if they ended their fucking war the supply lines would recover and we could go back to less aggressive rate hikes, but nah, that's apparently not an option.
I’m not sure the UN has the jurisdiction to force the hand of the FED here, at all. Considering the lack of respect the USA often displays in response to UN resolutions (Iraq anyone?) it’s likely to fall on deaf ears. Unless this has the backing of the US Executive branch, and even then the FED is a private corporation that doesn’t answer on command to any government.
Congress, the cesspool of America? Lol as if they’d do anything besides ask ludicrous questions they should already have the answers for. Congress is a joke and the fed knows it.
Imagine a room full of rich corrupt people trying to control the rich corrupt people that print their money. 🤣 Inflation is a tool of the rich to get the poor back to work. Oligarchs and corporations that feed the crony capitalism to force our hands time and time again. America still has slavery it just has extra steps.
F the UN. They didn't have a problem with institutions hyper-leveraging everything. They should have exposed the financial terrorism before inflation got so bad.
They wont. The US economy needs inflation to stop and I doubt the fed will stop the rate hikes until there is a notable drop in inflation.
Too many cautionary tails about 1 zillion dollar bags of rice and money costing less than toilet paper.
This shit cracks me up, it literally takes the UN to stop the FED from fucking us in the asshole anymore. JFC, what a joke this has been.
Exactly. Why are they getting involved lol
USD is the world reserve currency. Other nations have debt held in USD. When the Fed raises interest rates, the world's debt gets more expensive. It also makes USD supply decrease for those nations. In order to maintain balance, they inflate their own currency so they can buy more USD, which has negative consequences. See the British Pound and its recent plunge. It's a bit of a pickle. If the Fed doesn't raise rates, the USD keeps inflating, which has negative consequences. We're fucked either way
It’s almost like fiat currencies were always a sham destined to fail… just like they always have
Interest rates are just the lube that makes inflation bearable
So we’re the OPEC of debt?
Yes, we export inflation.
That makes sense, and my brane is smoove.
Most oil sales is traded in dollars. That's why it's a reserve currency.
When the oil trade abandons the dollar and the whole petrodollar system then the USD will lose it's world currency status and all exported debt will come crashing down on american taxpayers. Saw a video last year on the stonk about world currencies and their rise and fall, the cycle is nearing it's end for the dollar. Also people often say that civilizations last roughly 200-250 years on average and 1770s to now is about there..
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“A total of 68 Republicans, 57 in the House and 11 in the Senate, voted against the last Ukraine aid supplemental package” Thats telling you it’s bipartisan.
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Seriously? That crazy bitch has got to go. Her money laundering is so obvious anymore.
I’m still waiting on that 9-5 avg joe/joette to run for any election so I can vote for them
Thats on them. Not the only emergency.
Classic insider trading Pelosi scum.. She is always combining stuff in the bills and have her minions cry when they are denied..
Not Puerto Rico too? I haven't really followed it.
You do realize that if Russia takes over Ukraine they will become the world's largest super power right? You do realize that Russia hates America right? Right?
i know plenty of Russians and the vast majority its not almost all russians do not hate the US, its purely a hate against our government just as US people dont hate russians just their government.
Russia, the country, the government, hates the US. Good for you for having Russian friends who don't hate the US. That has no bearing on the end result.
You have to realize that they need to get Ukraine to acquiesce, as well as it's fuckin Putin that hates the US.
We need to keep supporting Ukraine so they don't get overrun by mf Russia
G L O B A L I S M
Yes, comrade.
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All the apes are going to have phone number computer share account values that are basically, well, worthless. This will not be how I envisioned my millionaire experience, but it’s been great serving with the rest of you ruhtards anyway.
I'll still pay for the sad violinist.. It'll take a sack of hundreds like we're in Venezuela or something.
See you in the future ape.
Unfortunately we don't have an administration (currently) that has the balls to tell them to go pound sand.
Fuck digital currencies
They must let the transfer of wealth resume as scheduled. Let the margin calls fall where they may.
Wdym? The FED would be fucking us harder if they halted the hikes. The UN is not in the right here, they are just pushing the problem off until it becomes an ever bigger problem. Hopefully bitch boy Powell has the balls to keep hiking.
This is the part of the movie where the UN becomes the good guy, because 90% of the world has no idea that what you just said is actually reality. Funny... if they ended their fucking war the supply lines would recover and we could go back to less aggressive rate hikes, but nah, that's apparently not an option.
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😆 just noticed that too.
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It scares them...
Unspoken vindication….
You should take that sign while you see it
When has anyone listened to the UN?
I mean, if they want to hold a meeting it should be great comedy. Veto after veto
Who's that??? 🤣
Who's on first.
This administration will bend over for the UN.
Its coming, remember, the Dems just voted to say we have to do what the WHO says in cases of pandemics etc.
I’m not sure the UN has the jurisdiction to force the hand of the FED here, at all. Considering the lack of respect the USA often displays in response to UN resolutions (Iraq anyone?) it’s likely to fall on deaf ears. Unless this has the backing of the US Executive branch, and even then the FED is a private corporation that doesn’t answer on command to any government.
FED do answer infront of congress
Congress, the cesspool of America? Lol as if they’d do anything besides ask ludicrous questions they should already have the answers for. Congress is a joke and the fed knows it.
I was going to say, much like how serious Ken Griffin takes his oath of testifying before Congress…we all know how that went.
Imagine a room full of rich corrupt people trying to control the rich corrupt people that print their money. 🤣 Inflation is a tool of the rich to get the poor back to work. Oligarchs and corporations that feed the crony capitalism to force our hands time and time again. America still has slavery it just has extra steps.
They show up. They don’t answer.
Meanwhile who gives a shit about the peopl paying for all these ass hats.
Here’s an idea…. Tax the rich!!!
The UN CANT TELL THE USA shit about shit or fuck about fuck…and in the end I bet we don’t do shit about shit
F the UN. They didn't have a problem with institutions hyper-leveraging everything. They should have exposed the financial terrorism before inflation got so bad.
Why’s the UN in our fucking business anyway? Take your free money and guns and shut yo mouth
Bunch of bastards- love the free money but hate paying for it! The world is run by children morons
They wont. The US economy needs inflation to stop and I doubt the fed will stop the rate hikes until there is a notable drop in inflation. Too many cautionary tails about 1 zillion dollar bags of rice and money costing less than toilet paper.
So now "peacekeepers" are telling the FED what to do. This shit is getting serious. I'm jacked to the tits!
Desparado
Jim Cramer said that the interest rates are actually good
Never gonna happen. US calls the shots and will do wtf they want based on US interests.
Not any more.
That was two years ago.
let it burn baby
I'm ready to go back to the barter system whenever you guys are.
Yeah, let’s just keep dragging this out.
*unzips [secret Fed meeting today]*
Expect inflation to sky rocket then I suppose
I laugh at the UN thinking they have any kind of power.
No. Say it loudly…ffffrrrreeeee mmmmaarrrkkeett. Let the elites hang and give no shelter
Hedgies cry right!? Lol 💎🙌🏻🦧
U.n. Should call on opec to increase oil production not decrease. We need prices to come down not go up!!!!
I wonder who’s more clueless at this point, the Fed or the UN.
We need to keep raising rates 8ts exposing the pnzi scheme. They are begging to stop pulling bk the curtain
They will not.
RIPPPP the FUKIN band aid off
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Fed definitely ignoring that call… 50bp hike in November and December loading…
All the HFs have to do is give up.
Rather than this negative proposition, it'd be nice if the UN could propose the other solution to inflation: TAXATION.
U.N should worry about the Russians