Are we at a stage of capitalism where the central bankers words are what moves the market rather than anything else?
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26 sats \ 1 reply \ @trosso19 12h
Yes, its a bizarre parlor game. The fed will only do what the market expects - anything else will cause a panic. Because of this the fed spends the six weeks between meetings doing public events to talk in such a way that the market prices in whatever the fed actually wants to do.
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0 sats \ 0 replies \ @Solomonsatoshi 11h
The petrodollar is not what it used to be.
There was a time when getting preferential access to USTs could persuade Saudis to only sell oil for dollars via SWIFT.
Today they have joined BRICS and mBridge and sell most of their oil to China.
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5 sats \ 0 replies \ @Atreus 8h
We're at the stage of capitalism where the plebs forget that central banking is a socialist, not capitalist, institution: it's the fifth principle of the Communist Manifesto, "Centralisation of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly."
Capitalism would be an improvement over all these wizards and alchemy games they're playing in D.C.
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5 sats \ 0 replies \ @Solomonsatoshi 11h
My pick is no cut- if there is any scrap of integrity left in the FED.
If there ever was any?
Overview - the Jewish bankers own the US government and have done for decades.
The Jewish bankers now see their military proxy bully boy USA unlikely to be the top dog enforcer for their fiat debt slavery much longer and now have to find a way to stand on their own feet.
That will require reaching some sort of accommodation with China - BRICS and that could be reached by assisting in the already imminent decline and fall of the USD petrodollar hegemony.
China though could quite reasonably decide they don't need to do anything to protect and preserve the Jewish bankers...and let them go down with their military industrial sock-puppet.
China has already brokered a truce between Saudis and Iran- China now being the biggest export destination and source of revenue for both...
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0 sats \ 0 replies \ @Undisciplined 3h
I’m not sure about everyone else but we’ve been at this stage for a long time
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0 sats \ 0 replies \ @86b4dc92cd 8h
We're at the stage of capitalism where a single tweet can turn the market upside down...
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0 sats \ 0 replies \ @Solomonsatoshi 11h
Ladies and gentlemen please place your bets!
Like a good CCP bot I have already...
https://beta.predyx.com/market/fed-decision-in-december-1761865792
@Cje95 - Silence.
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