weimar, a town in germany. the capital of the german state between wwi and wwii, and before adolf hitler took power in germany, never to relinquish it until he put a bullet in his head as the soviets closed in on his bunker at the end of wwii.
germany was known, for this brief period, as the "weimar republic."
on march 2 & 3, 2021 the united states federal reserve printed 2-trillion dollars. $2 trillion. under joe biden, it has "infused" $17-trillion's of printed money, out of "whole cloth." and, the fed, under biden, may "inject" another $4 or $5-trillion into the economy during this year.
you figure it out. hint: it is not making the money more valuable.
john jay @ 07.29.2021
p.s. were i you, i would lay in potables and staples, and get used to beans, bacon and biscuits for the next 4 or 5 years as we live through inflation, and depression. .... perhaps war & civil war, maybe at the same time. buy wool blankets, wool clothing (to include heavy socks), and a couple of very good heavy synthetic sleeping bags. as mae west said, "it's gonna get bumpy."
and, hang onto your guns. shoot to kill, anyone who tries to take them. period.
there is a reason donald trump has bought a fortified island. as noted, you figure it out.
Anyone have a Crystal Ball on what interest rates (Loan or Investment) will do? Looking at some recent CD rates I think I already know.
Posted by: Paul Albers | July 30, 2021 at 06:08 AM
paul:
since i have no money, let alone any money to spare for investment, i dont watch interest rates.
what are they doing, anyway?
john
Posted by: jj | July 30, 2021 at 07:18 PM