Disliked{quote} the US is trapped by rising interest rates on the one hand and inflation on the other. but inflation will continue to rise even if rates are raised. because the inflated dollars will return to the U.S. so I expect a weaker dollar https://www.youtube.com/watch?v=XiZFXEW6u8UIgnored
Instead of reducing the money supply or raising taxes the FED believes that they can raise rates to eliminate this excess money supply. We have all been watching the fallout of this approach and the global consequences.
All of this against a backdrop where the US is sucking resources out of the economy to support the US/Ukraine war against Russia, also not helping the economy!
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, hopefully get there before weeks end but I doubt it....
