SG Talk

‘Inflation is a terrible thing,’ Icahn says, saying it led to the downfall of the Roman Empire. ‘You can’t cure it.’

“We printed up too much money, and just thought the party would never end. And the party’s over,” he said.

But he also thought the Fed could have been more aggressive, saying he would have supported a 100-point hike.

https://www.marketwatch.com/story/carl-i...=home-page

The US printed more than $3 trillion in 2020 alone. Here’s why it matters today

The Federal Reserve printed approximately $3.3 trillion in 2020 alone, which, according to City AM, equates to one-fifth of all US dollars in circulation in the same year.

By flooding the economy with cash, QE boosts public spending power, and can contribute to share prices rising as a result. However, when inflation begins to rise, and interest rates follow suit, market values can dip again.

https://www.depledgeswm.com/depledge/the...ers-today/

ShitExchange and Kokee is much much worse....

Whatever Kokkei touches also bye bye. He touches Europe. Habis. Next, he touches Japan. Habis.