Gold keeps rising as us dollar falls

Gold keeps rising as us dollar falls

Why the dollar continues to rise against the euro, gold and yen is a very good question. T바카라he Fed continues to push interest rates too far, creating an explosion of money printing and inflation (the so called „quantitative easing“카지노 사이트). It is the very definition of inflation in an over-indebted world.

With no real growth going on, the Fed has no money to spend on infrastructure (and a growing number of companies aren’t paying their debt), nor can they borrow from Wall Street investors (and it’s 우리카지노not even debt-free). Their only source of capital is the interest paid by the Fed on its reserves, and they get paid back no matter where the money goes. It is the only mechanism in place to stop the runaway growth rate of the Fed which is unsustainable over the long run. It will continue to increase forever unless this insanity is removed from the American economy.

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