20.3.23: news.pol/purges/inflation/
passover 2020 we find out why people are hoarding:
David Sidman 2020.3.19:
Israeli economist and financial journalist Rafi Farber
who predicted the 2015 Black Monday crash
now predicts on the first day of Passover (April 8)
when the US Treasury is scheduled to auction off
10-year and 30-year Treasury bonds,
interest rates to pay usa's national debt
will start to rise precipitously;
because the world can see inflation coming;
because, the Federal Reserve is printing trillions
and Congress plans to hand out $1 trillion
directly to consumers to spend while they are
told to quit work to control the pandemic.
. so there are many dollars chasing few goods,
and prices will rise to reduce shortages.
. this is why people are hoarding:
buying while the dollar still has good value.
2020-03-23
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