World News

3357 readers

119 users here now

founded 6 years ago

MODERATORS

muad_dibber@lemmygrad.ml

sovietsnake@lemmygrad.ml

ksynwa@lemmygrad.ml

ComradePupIvy@lemmygrad.ml

The war on Iran will likely end in American retreat (www.aljazeera.com)

submitted 1 month ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

16 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] SocialistVibes01@lemmy.ml 10 points 1 month ago* (last edited 1 month ago) (1 children)

And let's not forget the FED cannot print dollars like crazy anymore, value is migrating to the yuan. So, the money left in the safe is being eyed out by our Tech Monarchs to feed their AI bubble.

[–] GreatSquare@lemmygrad.ml 11 points 1 month ago (1 children)

I think the Fed will print more dollars like crazy because they don't want to stop the economy train. The AI bubble will be bailed out like the banks were bailed out in 2008.

[–] SocialistVibes01@lemmy.ml 7 points 1 month ago* (last edited 1 month ago) (1 children)

However if fewer people were getting those fresh dollars then the inflation would be felt more by the domestic market than it was in the past. Can the US still export inflation?

[–] GreatSquare@lemmygrad.ml 6 points 1 month ago (1 children)

We will see the same shit as 2008: Those rich people getting the fresh dollars leads to asset prices going even higher. I think it's already happening a bit now. And the US rich don't invest in companies that employ a lot of people any more.

[–] SocialistVibes01@lemmy.ml 3 points 1 month ago

Yeah that's a possible outcome