Originally Posted by JakeBlues
Originally Posted by irfubar
Originally Posted by JakeBlues
If they really wanted to unleash economic Hell on the US, they could coordinate dumping their US treasuries on the open market and cause our interest rates to skyrocket.

They have already started that with short term treasuries, not as easy with long term, but they aren't buying anymore. The fed is, it's called monetizing your debt, causes inflation... gee who'd a thunk
The real money play is when Russia starts selling energy and only accept gold as payment.... then the USD collapses .... coming soon I believe

The Fed announced last week they're not doing any more quantitative easing.

Here's where we are:

https://www.24hourcampfire.com/ubbt...1900/re-recession-is-coming#Post17041900


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