Wednesday, December 19, 2018

Peter Schiff - Americans Are Going to be Impoverished



















🔺DECEMBER, 19TH-HIKE OF 2018.


THE PONZI DOLLAR AND OVER 200-SIMILAR CURRENCIES HAVE NO SCIENTIFIC SUMMATION AND ARE NOT PART OF "WEIGHTS & MEASURES".
🔺THEY ARE, CONSEQUENTLY MOVING TARGETS AND ARE BASELESS.
🔺However, an increase to 2.5% is still negative interest (free money) when inflation and purchasing power of the Dollar and Market are considered.
🔺It also translates to reduced liquidity.
🔺A tightening of liquidity translates to credit and consumpçtion drop.
🔺If credit is tightened, consumption (GDP) tends to perform poorly.
🔺A drop in consumption also translates to a drop in Tax Revenues and Labor activity.
🔺If the Dollar strengthens, imports increase and GDP domestic jobs are lost.
🔺Bonds strengthen at the cost of stocks and bullion
🔺Inflation, however, is targeted to shrink.
🔺Bear in mind. The Federal Reserve is not publicly audited and shores up in buybacks of their own bonds, shares and currencies. Translation, the Fed owns the Fortune 500 Corporations and control the plunge protection button as well as both the Bear and Bull buttons.

https://ponzicurrencies.blogspot.com/p/fed-funds-rate-history-with-its-highs.html














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