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Old 08-27-2020, 08:05 AM
  #14  
TyWebb
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Joined APC: Jan 2018
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Here’s my take at the FEDs announcement with inflation... it’s just a roundabout way to let institutional investors that they aren’t going to raise rates anytime soon. This era of near zero interest rates are now a policy that will most likely be in place for the rest of our lives.
MMT is only limited by inflation and unemployment... with that in mind at a time we’ve been creating large sums of money and increasing national debt you want to flirt with the thing that can bring it all down? J Powell said it was counterintuitive and I’m trying to find something in his speech that signals his approach but there’s not much there. This is fishy as f#$*. I’m thinking this is the first step for central banks to get into crypto, or at least a cashless society.
i guess I’ll listen to the talking heads about their take (josh brown - The compound show if you’re looking for a market podcast) On top of this gold and silver are down at this announcement?!?
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