@FLTERTHlife@ChosenPeopleVIP@ShadowofEzra What happens to the cost of imported goods (there by affecting the cost of domestic goods) and the value of the dollar (overseas purchasing power) if the dollar goes above 100?
@FLTERTHlife@ChosenPeopleVIP@ShadowofEzra This is why I meant what I said. The value of the dollar goes up. The cost of goods, both foreign and domestic, go down. This has a direct effect on inflation as well.
@fandradechavez@GBX_Press France sold the ~129 tonnes of older gold bars (stored at the New York Fed) on the open market in New York, primarily to commercial buyers, refiners, or institutional participants in the gold market โ not to a single named buyer or government.
@FLTERTHlife@ChosenPeopleVIP@ShadowofEzra "Poised to" โ delivered
Gas, food, inflation, unemployment, the national debt energy prices all up.
You know what's down?
The value of the USD.