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US Dominance On Global Stock Markets
1584 sats \ 9 comments \ @TomK 30 Oct 2023 meta
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0 sats \ 0 replies \ @fm 30 Oct 2023
What to do when the bank in Monopoly runs out of money? The Bank never “goes broke.” If the Bank runs out of money, the Banker issues IOUs for whatever amounts are required by writing the amount on a piece of paper. IOUs can be exchanged for cash whenever cash is available; otherwise they are simply counted in the assets of the player holding them.
easy as that
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0 sats \ 7 replies \ @harrr 30 Oct 2023
Not sure what you're trying to say. The US has the world's reserve currency, prints as much of it as it likes, of course their stock market is inflated.
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0 sats \ 6 replies \ @TomK OP 30 Oct 2023
What I say is that the US needs to get rid of the Davosian politics, back to free market capitalism to maintain this position. And then there is this little fiscal problem...
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0 sats \ 5 replies \ @02199b468b 30 Oct 2023
Gravity will see to that, starting tomorrow
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0 sats \ 4 replies \ @TomK OP 30 Oct 2023
Janet will save the (her) day
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0 sats \ 3 replies \ @02199b468b 30 Oct 2023
Not until they have caused 25% unemployment in Q2 next year
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0 sats \ 2 replies \ @TomK OP 30 Oct 2023
Do You think this will come down that fast?
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0 sats \ 1 reply \ @02199b468b 30 Oct 2023
Probably not. Hopefully not. But news does travel fast these days. My point is they are in destruction mode right now. They want the average person to 'feel it' before they even consider intervening again.
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0 sats \ 0 replies \ @TomK OP 30 Oct 2023
I think the Fed sees geopolitical moves against their product and they need to sterilize the back floating USDs.
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