Hyperinflation might arrive faster than all of us thought. t.co/1UNjX6L3Yj
— HZ (@MFHoz) April 28, 2024
US Govt massive deficit spending is propping up GDP, inflation and employment. Fed is in the opposite corner needing to tame them. System is whack.
Fed raises rates to bring down inflation, risking GDP and employment numbers. Govt says f**k that and stims hard. Fed mission fails. Somehow, most everyone is shocked and surprised at this outcome. Something is gonna give at some point………
www.telegraph.co.uk/business/2024/04/26/trump-oust-powell-set-interest-rates-himself-secret-plan/
In the US, both the monetary base and the broad money supply are increasing again.
They bottomed in 2023 despite ongoing Fed balance sheet reduction, mainly due to Treasury's duration shortening which helped pull capital back out of reverse repos and back into banks. pic.twitter.com/5nXl2PBxGj
— Lyn Alden (@LynAldenContact) April 28, 2024
The collapse of the London Gold Pool in the late 1960s led to a significant move in the gold price.
This gold pool in the 1960s manipulated the price of gold for years.
Manipulation in the gold price is not a conspiracy.
It is well documented.
— Gold Telegraph ⚡ (@GoldTelegraph_) April 28, 2024
What if China devalued the CNY by 45% in the past 24 months (v. gold) but all it did was trigger a 1968-like run on London gold vaults? pic.twitter.com/7Suk9ZvLPO
— Luke Gromen (@LukeGromen) April 28, 2024
This historical analogy is unfortunate pic.twitter.com/Gb2AcugY28
— Gay Bear Research, LLC (@GayBearRes) April 28, 2024
h/t mark000