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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 31.69+2.9%Nov 21 4:00 PM EST

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Winfastorlose
To: Winfastorlose who wrote (131656)1/2/2020 11:56:12 PM
From: robert b furman1 Recommendation   of 206966
 
I think when Powell visited the Whitehouse, he got an education on real world fighting with fire from Trump.

QE in any form from any country is a disguised effort to weaken the issuing country's currency.

It has been going on for too long not to know that is the result.

QE is monetizing the country's debt period.

If you do it in excess you devalue the currency and you get a run on the banks.

If you do it on a relative way, you devalue the currency like all the rest of the cheating central banks.

With our 2 point plus higher interest rates, it is the least we can do to fight back the cheatin going on - in a lesser and relative way.

Thanks for the good read.

Bob
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