Off topic perhaps....Kruggerand vs crypto vs whatever...

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The FED tried to hike rates and stop buying bonds before, they had to turn around again because the economy suffered too much.
aka the "taper tantrum"... They know this too and are using more finesse this time around....

BUT the last time we had more sovereign debt than GDP was WWII, I hope they don't think WWIII is a fix.

As I often say, I'm glad I'm old....

JR
The situation we are in now, governments would need a big war to justify what they actually would have to do (massive taxing, redistribution, as happened in the 1930s-1960s in the US). Oh wait... Putin might just have started the deleveraging event of the century...


Indeed. :cool:
 
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