2019 Nov 25, 9:05am
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It IS about propping up zombie banks like the Japanese did for 20 years.
clambo saysGet it? You forgot the point about how creating 3 trillion out of thin air in one month is only done in stable economies where your stock positions will rise to infinity!!!
Plus the economy under Trump is really booming otherwsie we wouldnt have had such an extended bull run.
mell saysPlus the economy under Trump is really booming otherwsie we wouldnt have had such an extended bull run.Lol !!Thanks NuttBoxer.
Under Obummer only the Fed was pumping.
mell saysUnder Obummer only the Fed was pumping.Deficits were decreasing under Obama. Stock market up has little to do with anything Trump has done.
alse. Trump cut red tape like no one else that's why UE is at record low and business activity at record high
TRumps massive tax cuts are the difference
So what is your investment strategy? Or you are just annoyed about the 3 Trillion?
The thing is that it's incredibly hard to time when the house will come crashing down.
nd don't hedge on the current value of assets like housing/land, or you will be very short.
Even gold/silver is not buying much necessities during times of extreme duress.
Depends on what you consider to be real money. History says it's always been gold and silver, and I doubt that's changing anytime soon.
So...logically what you want in crisis times is YAMS! which you sell to the rest of population for inflated price
My late relatives, who lived through WW1 and WW2 in Europe said that even value of gold and silver crashed during those years. For example, if in 1939 one could by a ton of potatoes for x grams of gold, then in 1943 it was may be 1/3 ton for the same amount of gold.
Here's what gold and silver typically do in a financial crisis:
So you can watch people spend every last penny they have on a few yams while you are stacking assets and feeling proud of yourself.