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techstepgenr8tion
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11 Oct 2024, 8:30 pm

They just had a ton of stimulus didn't they? I've been hearing about that for the last week or so.


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TheresaAldritch
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11 Oct 2024, 8:31 pm

TheresaAldritch wrote:
The economy in China is flourishing.
This is what I pasted from my notebook:
9/06 A092267 +3236.14 (-10,000.00)
9/07 A092267 -3236.14 (+10,426.16)
9/12 A083247 +193.26 (-2,000.00)
9/14 Au9999 +18.235 (-10,000.00)
9/14 Au9999 +1.765 (-982.19)
9/14 A323551 +4,500,000 (-13,251.44)
9/16 A022263 +1.02263 (-300.00)
9/17 Ag9999 +803.22 (-5,000.00)
9/19 A083247 -193.26 (+2,623.51)
10/09 A242635 +1,265.42 (-15,000.00)
10/11 Au9999 -20.000 (+14,268.25)
10/11 A242635 -1,265.42 (-18,223.05)
10/11 A323551 -4,500,000 (+46,323.82)
10/11 Ag9999 -803.22 (-4,983.17)
10/11 A022263 -1.02263 (+312.46)
so I ended up winning like 50,000 from that time alone


Okay, I bought 10,000 euros, but it's going down:(
I'll wait for a couple of days and see what happens.


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gwynfryn
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28 Oct 2024, 11:55 am

techstepgenr8tion wrote:
Q. Another possibility is that gold could be repegged (a figure I see floating around online right now - whether it's realistic or moonboy for this scenario - $20K per oz). Do you guys have any thoughts on what makes sense based on the metrics you're seeing?


Here's a funny thing about gold; most of what is dug up is then reburied in bank vaults, where it does nothing useful! If this was any other substance, it would be called a glut, and prices would plummet, so forgive me if I stay well clear of it; fluctuations are based on emotional responses, and thus, for me at least, incomprehensible and unpredictable.

As for financial easing, this amounts, in real terms, to a deflation of the value in your bank accounts, so as to make it look as if governments know what they are doing. Want to improve exports? Sure, issue more money so that goods appear cheaper in foreign markets, and lets ignore the fact that the price paid may not change numerically, but falls in value with each sale, but hey, we keep up the production numbers, right?.

So what happens in those foreign markets? When reduced sales of their home products become painful, no problem; they issue more of their kind of money, and so the can gets kicked down the road until it becomes full circle...

I remember one famous financial expert (though I don't recal his name) expressing the view that it doesn't work in theory, but does in practise. Well, no, it doesn't in practise either; it's just playing with numbers for short term returns.



techstepgenr8tion
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28 Oct 2024, 12:13 pm

I'm guessing you don't buy the US fiscal dominance on the short / mid-term horizon narrative? If so that's fine, I just wanted to check your broader context.


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gwynfryn
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02 Nov 2024, 11:41 am

Great; now I'm having to do this in French, no matter how often I set it to English, if the option exists, which seems to become less frequent the longer I stay here. I'll admit I'm impressed by the quality of the instant translations that now seem to be in vogue, but would you please leave us witht the capacity for choice, please?



Cornflake
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02 Nov 2024, 12:31 pm

^ :scratch:

You mean here, on WP?
But there are no language or translation options, enforced or otherwise - it sounds more like something selected on your browser.


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gwynfryn
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05 Nov 2024, 10:54 am

Cornflake wrote:
^ :scratch:

You mean here, on WP?
But there are no language or translation options, enforced or otherwise - it sounds more like something selected on your browser.


Quite possibly, as I'm using a library's intranet. Can't imagine why you think WP is english only, though; anything you can get on a regular web surf, is available in pretty nuch every available language.



DeepHour
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05 Nov 2024, 11:12 am

Que faire?

:?


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Cornflake
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05 Nov 2024, 12:43 pm

gwynfryn wrote:
Cornflake wrote:
^ :scratch:

You mean here, on WP?
But there are no language or translation options, enforced or otherwise - it sounds more like something selected on your browser.
Quite possibly, as I'm using a library's intranet. Can't imagine why you think WP is english only, though; anything you can get on a regular web surf, is available in pretty nuch every available language.
But WP is written to use the English language and has no means of selecting a different operating language via some "other language" option - the site is available in English only.

Of course it's easy to have (say) Google Translate show the site in another language, but that has nothing to do with WP.


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