Over70irregs
Well-Known Member
1. I believe there was a bailout of banks which now do not have reserves.Take Argentina. Their Peso was inflating at such a high rate that the wealthy there were buying dollars to keep their wealth. The dollar has inflated for sure but they're working to keep it down to 2%. That's what the rate hikes are for. That takes dollars out of the system. We've been living in a bubble since 2009 when they started the massive printing to support the economy instead of letting recessions do what is economically necessary.
2. Inflation… I’m sorry to say is umm another beast. It’s far above 2%. I don’t believe housing is included.