The economy
How to “force” people to spend? I’ve debated this for many many months with various friends that the supply chain “disruptions” are another “manufactured” lie. Pun intended. Inflation has to be pushed to the consumer. But the consumer has to be coerced into buying and hoarding “stuff”. Toilet paper, hand-sanitizer, non-perishable food, lumber, all the way in the food-chain even if you are a consumer of semiconductor raw materials, cars. Force everyone to buy everything now, fearing the supply disruption, and price increases both.
https://finance.yahoo.com/news/buy-it-early-bank-of-america-warns-supply-issues-this-holiday-season-152853374.html
Dictionary definition of temporary: <hint: sarcasm>: the entire journey from Kindergarten up until finishing high school was temporary
https://finance.yahoo.com/news/powell-reversing-fed-stimulus-too-early-could-be-particularly-harmful-140005760.html
And to top off these lies with the lies in the November 2020 election, the current fiasco in the land of the Khyber Pass, the virus, the vaccines …
May we seek the truth, everyday.
May God Bless us all.
GL
agree, banks do not want a depreciating asset on their books. Lumber chart a good example of the hype that played out.
And another update on USDX
http://www.321gold.com/editorials/sfs/hubbartt082721/dollar.png