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1. Embed this notice
   Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 19-Jul-2024 05:08:46 JST Bread up, Bro
   the thing to note here is that even if rates go down, this doesn't get fixed.
   • BowserNoodle ☦️ likes this.
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 19-Jul-2024 05:18:35 JST Bread up, Bro

     in reply to

     • AmonMaritza
     @AmonMaritza yes. but interest rates are the only lever they have to control.
   • Embed this notice
     AmonMaritza (amonmaritza@nicecrew.digital)'s status on Friday, 19-Jul-2024 05:18:36 JST AmonMaritza

     in reply to
     This isn’t from interest rates. It’s from people using credit cards to offset inflation.
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 19-Jul-2024 05:19:58 JST Bread up, Bro

     in reply to

     • AmonMaritza
     • Bob
     @bobbala @AmonMaritza because the risk of a default is still very low in the range that most of them expect to be holding it.
     
     Still have a lot of international buyers for 5 year fed notes, and that is even longer range.
   • Embed this notice
     Bob (bobbala@nicecrew.digital)'s status on Friday, 19-Jul-2024 05:19:59 JST Bob

     in reply to

     • AmonMaritza
     Why is anyone outside the US still accepting payment in dollars?
   • Embed this notice
     FED Enjoyer (red_hat@nicecrew.digital)'s status on Friday, 19-Jul-2024 05:25:28 JST FED Enjoyer

     in reply to

     • AmonMaritza
     Outlaw usury, problem solved.
   • Embed this notice
     Bread up, Bro (sickburnbro@poa.st)'s status on Friday, 19-Jul-2024 05:25:28 JST Bread up, Bro

     in reply to

     • FED Enjoyer
     • AmonMaritza
     @Red_Hat @AmonMaritza that works long term but does nothing to fix immediate problems
   • Embed this notice
     That Would Be Telling (thatwouldbetelling@shitposter.world)'s status on Friday, 19-Jul-2024 21:27:59 JST That Would Be Telling

     in reply to

     • nachtrabe did nothing wrong
     • AmonMaritza
     • Bob

     @nachtrabe @AmonMaritza @bobbala @sickburnbro Nah, the world's financial system runs on dollars, and will for the foreseeable future.

     With the possible exception of the Euro, there simply no competition. Switzerland or Russia for that matter are too small economically for their national currencies to be major things even before we consider the sanctions regime against the latter, the PRC refuses to do what's needed and is even less trustworthy, etc.

     (Note the petrodollar isn't even a thing anymore since at net the US is not importing oil.)

     ✙ dcc :pedomustdie: :phear_slackware: likes this.
   • Embed this notice
     nachtrabe did nothing wrong (nachtrabe@bae.st)'s status on Friday, 19-Jul-2024 21:28:00 JST nachtrabe did nothing wrong

     in reply to

     • AmonMaritza
     • Bob
     @bobbala @AmonMaritza @sickburnbro
     Because thats some nice cities they have there and it would be a shame if something were to happen to them.
     ✙ dcc :pedomustdie: :phear_slackware: repeated this.
   • Embed this notice
     sapphire (sapphire@shortstacksran.ch)'s status on Saturday, 20-Jul-2024 09:54:41 JST sapphire

     in reply to

     • eee
     • ElJewpacabra
     @eee @Jewpacabra @sickburnbro ….yes
     受不了包 likes this.
   • Embed this notice
     eee (eee@poa.st)'s status on Saturday, 20-Jul-2024 09:54:42 JST eee

     in reply to

     • sapphire
     • ElJewpacabra
     @sapphire @Jewpacabra @sickburnbro do you have a pretty over/under shotty yet?
   • Embed this notice
     ElJewpacabra (jewpacabra@poa.st)'s status on Saturday, 20-Jul-2024 09:54:43 JST ElJewpacabra

     in reply to

     • sapphire
     @sapphire @sickburnbro fine I’ll get that billet AR-10 in my cart :cheers:
   • Embed this notice
     sapphire (sapphire@shortstacksran.ch)'s status on Saturday, 20-Jul-2024 09:54:43 JST sapphire

     in reply to

     • ElJewpacabra
     @Jewpacabra @sickburnbro ugh I want a new gun but all the new guns I want are 5 figures
   • Embed this notice
     sapphire (sapphire@shortstacksran.ch)'s status on Saturday, 20-Jul-2024 09:54:44 JST sapphire

     in reply to
     @sickburnbro now's the time to debtmax, then when the defaults really take off just abandon your debt, get caught in the wave and ignored
   • Embed this notice
     Account: Politics (union@mu.zaitcev.nu)'s status on Sunday, 21-Jul-2024 11:12:23 JST Account: Politics

     in reply to

     • nachtrabe did nothing wrong
     • AmonMaritza
     • Bob
     • That Would Be Telling
     @ThatWouldBeTelling @nachtrabe @AmonMaritza @bobbala @sickburnbro
     In addition, all major currencies are experiencing a higher inflation than the U.S. Dollar. Yen floated around 100 per for 50 years or so, and it's flirting with 50 now. It's insane. So much tears were spilled about bidenflation and yet everyone else is shafted even harder. Of course, they want dollars in this situation.
     Bread up, Bro likes this.