Loading ...Back when Paul Volker was in charge, he kept raising rates (but never enough) to kill gold. Eventually the CD rate at 18% kicked in, and made people sell everything and anything to collect a high rate of return at the bank. Money sopped up out of circulation. Dead money. Auto and home sales people were screwed badly for 12 years. 1970-1982. Savers were rewarded.
This time? To dampen gold prices? And stimulate countries OUTSIDE of the USA? They have been raising the dollar. That’s my view. If the Dollar is up there? That’s where THEY want it. THEY are anti Trump and anti USA. Leaches who want to stay on the USA gravy train. THEY infiltrated our country a long time ago. Even if they live here, they are still batting for foreign nations.