• 30 Posts
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Joined 4 years ago
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Cake day: July 23rd, 2020

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  • Current inflation is being caused because of high interest rates

    Lowering and raising interest rates directly correlates with the increasing or reducing inflation.

    When rates are high there is less money in the market because people by bonds because they guarantee a return of x%. This means there is less money in the market and the currency becomes stronger.

    When rates are low money floods the market as people acquire assets, property etc The decreased price of loans like mortgages results in increased demand which results in more expensive houses.

    If you have a lot of cash buying a house in a high interest market is actually the best case because houses have to be priced lower to compensate for the mortgage costs.

    All that being said China lowering it’s interest rate will make loans cheaper but increase inflation. They have a weird real estate market though.



  • It doesn’t say you get any firearm

    It says shall not be infringed which means what it says. There is no prescription for what is allowed but instead the opposite. The government cannot and should not prevent the population from arming itself. If people think that’s disagreeable then they should amend the constitution not defy it.

    The constitution was written by people who had just overthrown a government. This amendment wasn’t written to protect the rights of hunters. It’s specifically to enable the people to take control if the government gets out hand.

    Also, which militia are you a member of, specifically?

    Do you think the US would allow a militia to exist when it’s entire purpose is to be a check on government power?















  • No.

    Yes

    The dollar has recently been stronger against the Euro, Pound, Yuan, Ruble, and Yen.

    What does that have to do with my point? The petrodollar is (for now) the reserve currency and has a place of privilege where it can generally farm out the effects of it’s overprinting and mismanagement to other countries and currencies.

    The dollar is STILL in freefall though. Look at purchasing power. The prices of groceries, houses, lumber, commodities etc

    I attribute this to the COVID cash giveaway where we printed 20% of all the dollars that had ever been printed in history up to that point.