TTBOMK I didn't mention China, neither did you. Devaluing currency can be

done many ways, either by government fiat (cf. Lebanon above), or by pumping trillions of cash into the economy with the wrongheadedness of thinking you're solving people's issues (cf. Joe S is for Stupid Biden).

In response to this post by Tafkam Hokie

Posted: 02/14/2022 at 2:46PM

Lebanon to devalue currency by 93% -- Coach McGuirk 02/14/2022 10:55AM

Its like looking into the future... ** -- HokieNoVA 02/14/2022 1:14PM

I picked a bad day to invest in Lebanese Pounds! ** -- Riverguy 02/14/2022 12:41PM

Explains why my shipment of Lebanon bologna's been delayed ** -- `lag 02/14/2022 3:32PM

Frank Rizzo says "Pounds baby, pounds! " ** -- NokieHokie 02/14/2022 12:58PM

Probably wouldn't ever happen here -- Tafkam Hokie 02/14/2022 12:08PM

Has already happened. 7% less purchasing power since JoeBi took over ** -- Mighty Fine Catch 02/14/2022 12:22PM

To the best of my knowledge, that has almost zero to do with -- Tafkam Hokie 02/14/2022 12:56PM

Gas prices are another factor to our inflation. ** -- Hoakie82 02/14/2022 5:05PM

TTBOMK I didn't mention China, neither did you. Devaluing currency can be -- Mighty Fine Catch 02/14/2022 2:46PM

Whoops...think I had two different posts in mind with that response and -- Tafkam Hokie 02/14/2022 3:40PM

Well that's depressing. ** -- BobG 02/14/2022 11:30AM

It usually happens when the foreign exchange reserves are depleted -- lchoro 02/14/2022 11:10AM

They should expect the local fire departments to miss some calls ** -- bigbadbird 02/14/2022 11:08AM

Ha! There is not a government right now -- Hokie Chris 02/14/2022 11:21AM

The inflation rate is a lagging indicator. 7.5% is horrible. The worst in -- RoswellGAHokie 02/14/2022 11:08AM

You've got that right. You should see semiconductors. A wretched mess. -- HokieJay 02/14/2022 7:38PM

Will the FED have the balls to raise rates enough to slow things ** -- ColoVT82 02/14/2022 11:47AM

They are waiting until March for reasons that make no sense to me. -- HokieJay 02/14/2022 7:40PM

It all starts with oil. We reduced our oil production at the same time ... -- vt90 02/14/2022 11:18AM

Absolutely correct... -- `lag 02/14/2022 11:25AM

'08 started the cheap money that our corp's can't drop.... Cost of funds... -- Vtskier1 02/14/2022 12:33PM

I suspect Janet Yellen is an escaped muppet. -- `lag 02/14/2022 11:12AM

She lies every time she clucks. ** -- VTDante 02/14/2022 12:19PM

TTBOMK I didn't mention China, neither did you. Devaluing currency can be

Insert a Link

Tech Sideline is Presented By:

Our Sponsors