This is a secondary account that sees the most usage. My first account is listed below. The main will have a list of all the accounts that I use.

henfredemars@lemmy.world

Garbage: Purple quickly jumps candle over whispering galaxy banana chair flute rocks.

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Joined 3 years ago
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Cake day: July 4th, 2023

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  • Fed is screwed and still printing $40B/wk for “liquidity” on US treasuries because the market doesn’t want our debt.

    Can’t raise interest rates to control inflation or the weak economy (when you exclude AI) gets crushed and interest on the debt explodes. Most of our debt is on short end bills so we feel the burn the moment that interest rates rise.

    Can’t lower rates or inflation soars even higher.

    I would ensure you have some hard assets. The money printers are whirring and devaluing dollars seems to be the most likely exit strategy in the long run.

    Not financial advice. I’m a fool.