World economy talk

[uls]

the only way the Fed can fight inflation -- engineer a recession to kill demand

this inflation is largely supply driven but the Fed cannot print diesel and gasoline and other commodities

so the Fed has to work on the demand side

but also demand driven coz of economic stimulus during the pandemic

the US gov't gave stimulus checks to every american

trillions of dollars were created and that money went to chase finite supply of goods

[Monseratto]

Why is China’s inflation rate low compared to the US, Europe and Britain? | South China Morning Post

Chinese officials and academics have attributed the divergence to Western stimulus measures, notably the unprecedented money printing used to save economies battered by the coronavirus pandemic.

The US Federal Reserve’s balance sheet has more than doubled in the past two years to US$8.9 trillion, while Beijing, which was cautious about an all-out stimulus, has refrained from excessive loosening.

But part of the reason also comes down to the weighting of goods and services that make up China’s CPI basket.

[uls]

yesterday:

Japan isn't raising interest rates coz their economy cannot take higher interest rates

BOJ is suppressing their 10Y yield by unlimited buying of bonds (basically printing unli yen to buy bonds)

they can't let bond yields rise coz their economy will implode but if they keep printing yen the yen's value will keep declining

they're stuck

yield curve control = BOJ unli-buying of 10Y bonds to hold the yield at or below 0.25%

saw this kanina

haha

[Monseratto]

Japan Yen hits 136

[Athrunzala]

BRICS working on new global reserve currency and alternative mechanism for int'l payments: Vladimir Putin

vladimir putin: BRICS working on new global reserve currency and alternative mechanism for int'l payments: Vladimir Putin - The Economic Times

[Athrunzala]

EU split over fertiliser plants in poorer nations as food crisis bites | Reuters



Oo, Africa wag kayong makinig sa EU, gugutumin nila kayo...

[uls]

the West wants Africa to stop buying fertilizer from Russia

gusto ng West maki cancel-russia ang africa tulad ng ginagawa nila

ano susunod dapat mga african governments kahit gutomin mga tao nila?

[uls]

yesterday:



yield curve control = BOJ unli-buying of 10Y bonds to hold the yield at or below 0.25%

saw this kanina

haha

how long can the BOJ hold the 10Y at 0.25%?

[Stigg ma]

lahat na lang may crisis

kaya back to human power muna

[uls]

equities research assigned to gen z