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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "PBOC Says Yuan Can't Be Used to Offset Commodity Inflation" video.
Nobody wants that toilet paper; USD is still king, sell them more treasury debt 1 trillion is no longer enough. And the yen carry trade can only go so far.
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@titusp9488 I dont think you know what blockchain even is... QE is designed to artificially suppress interest rates; controlling the near end of the curve and the cost of the free market and capitalism. QE is MMT and has inadvertenly given rise to an oligarchy. And worse yet the Fed has known this for nearly a decade, they are stuck and in over their hand https://www.stlouisfed.org/publications/regional-economist/april-2014/the-liquidity-trap-an-alternative-explanation-for-todays-low-inflation
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@nanopug it is fixed; a derivative of USD - has no real value, it is a ghetto version of a stable coin. The entire chinese economy is propped up by government debt issued from a very corrupt government - this will not end well for them.
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@titusp9488 cyrpto = blockchain dipshit. Monetization of debt is breaking the real economy, not a symptom of a broken economy - creating larger and larger asset bubbles which translate to deeper and deeper wealth gaps. And I dont think you understand monetary policy - Treasury prints and via QE (MMT) the Fed is absorbing, this is deflationary not inflationary as you pulling pristine collateral form the global market.
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