Loading ...The Bazillion Dollar Channel
THE most important chart on the Planet
Rambus has tons of short mid and long term charts for the Dollar and its opposing currencies.
The Daily is obvious. Will we continue in this rather steep up channel or will it break down ?
Pass the Rye
thought you called it brazzilion and we all gonna get waxed. 🙂
ANSWER: The entire problem with this Quantitative Easing has been the plain fact that the government is the biggest debtor. This is the same model around the world. Lowering interest rates to encourage people to borrow is absurd when the greatest impact will be upon the government. Europe is now on life support thanks to the ECB. Even if we look at the United States, every 1% rise in interest rates adds $220 billion annually to America’s deficit. Since we have exceeded the Bullish Reversal on Fed Rates on an annual basis, reaching the 5% level means the annual interest expenditures will be rise by about $1 trillion per year! This is just not a system that has much life expectancy before we enter a major Monetary Crisis that is off the charts.
Armstrong quip today. where they gonna get the money to pay interest with all the latest Trump tax cuts??? Either they figure out to lower rates to help or raise them for the pensions, no way out of this pickle except for QE 4