View Single Post
Old 05-05-22, 07:13 AM   #173
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 40,702
Downloads: 9
Uploads: 0


Default

The Bank of england has raised interest rates to 1 %, three of the nine board members even wanted to raise them to 1.25.

The FED just added 0.5 to the interest rates, pushing them to 0.75-1.0%. Faster than weas expected, one expected a 0.25% raise only. But somethign - finally - rings the alarm bells even over there in the US, I wonder what it is...

And Gangsterlagarde and her accomplices in the ECB? They continue to find lazy excuses to sit back and do nothing, and to let inflation run wild in order to continue to engage in forbidden state financing. Planned economy theorists can be relied upon.
__________________
If you feel nuts, consult an expert.
Skybird is offline   Reply With Quote