wizowall

[wizowall @wizonwall]

I can also split 500k with you.

[wizowall @wizonwall]

Poor fail because government dropped gold stand, but let gold & other useless assets like coins & art grow at exorbitant values via low interest. This puts pressure upon USD. But, worst is when money from these useless assets roll into real assets like homes, bonds, stocks, etc

[wizowall @wizonwall]

Eg: You give me a stone. I will buy it for 500K.
Now it has a big tag. Few years later, I will sell it for 1 million
Now, it’s a profit of 500,000. I buy house or stocks & this devalues people who have $$$ as stocks or houses get a rise in demand & price. But, USD holders lose.

[wizowall @wizonwall]

America is split into two. One that is run for riches & one that suffers hardship & loss on hard earned & safe kept assets.
By keeping inflation at 2% FED already grants the upper class an edge to pocket more than others, but then it’s always kept higher than 3% on paper.

[wizowall @wizonwall]

Problem with China is that to reduce production is a double edged sword as consumption is low & the other is company earnings. Plus, they will make a move on Taiwan & even if there is low friction, US will make some noise & that will stop those stocks from trading in US & allies.

[wizowall @wizonwall]

@talk2anuradha Indians trained to live in all forms of spirits. We don’t need her remark as if we are not living spirit fully of USA. We learned to live in spirit of earth, food, house, shop, people, stones, towns, temples, country, bikes & cars, animals & the living & dead people around us.😆

[wizowall @wizonwall]

@talk2anuradha People who get it always have something good to say. People who are over looked or left out will say the opposite. Every country, every company, every department or small business is full of such stories.
But, to say something as such about India is not wise.

[wizowall @wizonwall]

Houses that are 150K - 350K are now 450K - 850K.
And, those that were 350K - 750K are now 850K - 2.2 M. How is this good for the economy ?
People are selling & buying another across state to state, to grow or preserve capital.

[wizowall @wizonwall]

Even if housing inflation slows it is insignificant as it went up so fast due to work from home that prices are unaffordable & some 30% correction will be positive+ helpful thing for economy. In rural areas also some properties shot up from 150K to as high as 950K.

[wizowall @wizonwall]

@PramilaJayapal It’s how countries become communist. Greed & imbalanced policies brings a divide & is a root of deprivation, & a deprived & depraved nation is at a big loss & it’s anybody’s toss.
We need to interest rates at levels to keep 0% inflation & remove value from other useless assets.

[wizowall @wizonwall]

@SenSanders I am trying to be helpful because voters are lost & frustrated. I see women feeling more emotional as I go to grocery stores. People speak to me, at times & complain or seem angry, but few are deeply lamenting & blaming themselves, their profession, the inability to support life.

[wizowall @wizonwall]

@SenSanders I only hear basing of “inflation, inflation & republicans, republicans,” 😝 but what solution do you have. You all defeated republicans before, but there was no change. No one lowered inflation, even though our children have been suffering an unmarried, homeless, & grieving life.

[wizowall @wizonwall]

@SenSanders Are democrats willing to raise interest rates steadily to hit the inflation head on & make life possible for millions of ordinary Americans ?

No one is addressing that question. It comes down to just one point - RAISE INTEREST RATES FASTER as only Raising taxes DOES NOT work.

[wizowall @wizonwall]

Cost of chemicals & petroleum products used in manufacturing, food & all necessities is about to shoot higher.
It’s a double impact on all, globally.
There is no option, but to raise the cost, like Trump said, that he likes stronger inflation & so beware a bad one it’s coming.

[wizowall @wizonwall]

@SenSanders If we keep interest rates low corporations will charge more & more & keep making the packages smaller & smaller. We all are going through that scam since Gulf war.

[wizowall @wizonwall]

Don’t bother to look at any government numbers just listen to the administration wants. Why do you think they put their man ?
It’s orchestrated to go their way. Has anything gone otherwise so far ?

[wizowall @wizonwall]

@strujillo075 I can give you that entire economy with all the necessary sectors that will be affordable & cater fairly to all, as well as a prosperous social system. But, I know nobody & nobody knows me.

[wizowall @wizonwall]

Next year, we can see huge inflation led by cost of semiconductors & electronics in medical & all sectors. Plus, there can be continuation of AI led lay offs in electronic & related industries. And,social &political unrest by high inflation politics & ultra lower interest rates.

[wizowall @wizonwall]

Government should stop after hours trading manipulation of stocks unless there are a couple of million shares to be traded because some people sell or buy from different accounts belonging to same entities at very low volume & cause swing in the prices causing losses to others.