SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: Winfastorlose who wrote (131656)1/2/2020 11:56:12 PM
From: robert b furman1 Recommendation

Recommended By
Winfastorlose

  Respond to 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