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- herewardwake commented Sep 16, 2020
The problem is all the major CBs have gone to zero or negative rates. You can try your luck with the Krygyz republic or Gambia. But to answer your question the benefit of buying to dollar now is because it is cheap.
Federal Reserve Says It Will Keep Interest Rates Near Zero Until 2023
- herewardwake commented Apr 4, 2020
I dont think you can divorce intent from actions. I agree that consequences should be brought to countries/institutions that attempted to cover-up and downplay the truth about the virus. But there is a difference between malicious intent and ...
Forget 'recession': this is a depression
- herewardwake commented Apr 4, 2020
SARS-Cov-2 has an r0 of about 2.5 which is significant but not much compared to measles, smallpox, polio. I like to wear my tinfoil cap as much as the next guy but viruses have always been with us. But that doesnt mean that it wasnt stored in some ...
Forget 'recession': this is a depression
- herewardwake commented Apr 4, 2020
Most people are still dealing with the initial shock of the pandemic. I think as this thing drags on from weeks to months you will see plenty of outrage and hostility directed at china. This and in a more long term notion the recognition that to ...
Forget 'recession': this is a depression
- herewardwake commented Apr 4, 2020
I don't think any of us know or have any good reason to believe that a supply cut will happen soon. I usually operate under the idea that people/industries/countries operate in self-interest. There has been an uncoupling of that principle lately. ...
OPEC+ meeting delayed as Saudi Arabia and Russia row over price collapse
- Posts by Member Search: 'herewardwake'