If you think government stimulus checks to curb inflation will curb inflation you are part of the problem.
— Robert J. O'Neill (@mchooyah) October 31, 2022
We are so screwed.
— Wall Street Silver (@WallStreetSilv) October 31, 2022
Lagarde: "Inflation came from nowhere" … actually no, it's what happens when the Fed, BoJ, & ECB expand balance sheets by trillions of dollars. Inflation starts as a monetary phenomenon. https://t.co/DzUXmomKdK pic.twitter.com/Ylqq4wDhd0
— Alastair Williamson (@StockBoardAsset) October 30, 2022
Swiss central bank lost $143 billion.
Don't worry though, it is not a real bank. It is a central bank and they can just print their currency and buy stocks and bonds and nobody really cares if they lose money doing it.
This is also partially why prices and markets are broken. pic.twitter.com/72rhHLobQo
— Wall Street Silver (@WallStreetSilv) October 31, 2022