L
On the 3 rd of octobre, 2022
Ye2 11 92%
With the size of US and UK public debts, why
should these countries act against
themselves, raising their central banks
reference rates?
Even if there is a reason of a doubt for the US,
in a way, raising the Federal Reserve
reference rate, is leading both BoE and ECB
to raise their reference rates, and with both
the size of UK public debt or in the EU, the
sizes of the french, italian, spanish, grece and
portuguese debts, it is counter-productive
even for others EU countries with average
and below average levels of public debt
related to GDP in a way, that more public debt
means more devaluation of its currency. This
is not an absolute dogma for EU countries
because they can sell their products easily,
outside the EU.
But for instance, for americans, that are now
in a recession it is also counter-productive to
support a policy of raising central banks
interest rates because, both, the devaluation
of the euro, that it is making EU goods
cheaper, not to mention Asian goods as
smartphones.
Ye2 11 92%
With the size of US and UK public debts, why
should these countries act against
themselves, raising their central banks
reference rates?
Even if there is a reason of a doubt for the US,
in a way, raising the Federal Reserve
reference rate, is leading both BoE and ECB
to raise their reference rates, and with both
the size of UK public debt or in the EU, the
sizes of the french, italian, spanish, grece and
portuguese debts, it is counter-productive
even for others EU countries with average
and below average levels of public debt
related to GDP in a way, that more public debt
means more devaluation of its currency. This
is not an absolute dogma for EU countries
because they can sell their products easily,
outside the EU.
But for instance, for americans, that are now
in a recession it is also counter-productive to
support a policy of raising central banks
interest rates because, both, the devaluation
of the euro, that it is making EU goods
cheaper, not to mention Asian goods as
smartphones
A
10:26 G 0 .
Memórias
Ye2 11 92%
With the size of US and UK public debts, why
should these countries act against
themselves, raising their central banks
reference rates?
Even if there is a reason of a doubt for the US,
in a way, raising the Federal Reserve
reference rate, is leading both BoE and ECB
to raise their reference rates, and with both
the size of UK public debt or in the EU, the
sizes of the french, italian, spanish, grece and
portuguese debts, it is counter-productive
even for others EU countries with average
and below average levels of public debt
related to GDP in a way, that more public debt
means more devaluation of its currency. This
is not an absolute dogma for EU countries
because they can sell their products easily,
outside the EU.
But for instance, for americans, that are now
in a recession it is also counter-productive to
support a policy of raising central banks
interest rates because, both, the devaluation
of the euro, that it is making EU goods
cheaper, not to mention Asian goods as
smartphones.
US is having increasing difficulties of selling
their own goods and is paying more for their
debt, with nuances somehow.
Even for europeans and even asiatics it is
counter-productive this policy of euro
devaluation, because it is leading to a
recession in the US, that will come to Europe
and, or in the end to Asia. Or it could be any
EU country first, or even any country in the
globe that could lead the world to a
recession, because of its economical crisis
or even political crisis.
So, if central banks wanted to stop inflation,
they would stop raising their reference
interest rates
In a world stand point, I should say, wars and
events that are pushing energy prices high,
should simply stop. It would stop inflation all
over.
European comission should put targets on
percentage of public debts related to the GDP
and targets on public deficits in order to stop
spending and improving and organizing
better their incomes.
People should work more and more
efficiently
