RE:RE:PPI in Germany was 31% for Marchgoldstd69 wrote: one of the problems for gold and other markets is the 'private citizens' are taxed to death and most all disposable income is going for huge increases in food and gas among other needs...so no money to save or invest...the USD is not depreciating it is soaring and will continue to do so should the fed raise rates further and further...I agree the markets are a charade and not free...that has never changed since the early days...and nothing will get done as long as biden blames his ineptness on putin ....jmho
I agree with your excellent points...Yes, the USDX is getting stronger and stronger, however it is hardly making a dent in lowering the cost of living for americans..What difference will it make if even the USDX goes to 120 but americans are still paying 20% to 50% more for goods and services? Americans are not going to say, I am so happy the USDX is so strong when their expenses are 30% higher year over year. They are not going to care . The 10% that are well off, are going to start seeking new ways to preserve their wealth... the interest paid on their bank deposits will be way too miniscule to have them just passively sit by and do nothing...The american people are experiencing raging inflation anyway you slice it...maybe this was plan "B" . Plan "A" was maybe to devalue the US dollar by 30% but since they would have a bloody revolution by morning what with over 300 million guns in the hands of american populace, they are opting for a more deceptive and secretive way of screwing the american people, all the while, blaming the high prices on that darn covid thingy and that pesky Putin fellow...