Draconian State is a Sign of Bankruptcy.
In this recorded livestream I chat with the viewers about many topics ranging from the size of government, U.S. interest rates, the economy, fiat money and crypto currencies.
The livestream went on for over an hour so there is a range of question and answers for anyone interested in economics, geopolitics, markets and economics.
One of my conclusions is that the bigger government gets the more draconian and oppressive they become and the more they go after people's wealth.
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Thank you my dear friend sharing for sharing daily post.
You are welcome @anikearn.
wow!!!
Good work,,U.S. interest rates, the economy, fiat money and crypto currencies are so helpful for economy,,These are so valuable topic,,
Yeah..i appreciate with your conclusion.. the bigger government gets the more draconian and oppressive they become and the more they go after people's wealth.thanks for sharing @maneco64
I’ll be watching this later. You’ve got a lot of experience so I love your insight. Your thoughts on the petro yuan were spot on imho.
Thanks @kp138.
Not related to this post, but aren't Crypto currencies just another form of fiat?
Joshua
The Federal Reserve left its target range for the federal funds rate steady at 1.5-1.75 percent during its May 2018 meeting, in line with market expectations. Interest Rate in the United States averaged 5.72 percent from 1971 until 2018, reaching an all time high of 20 percent in March of 1980 and a record low of 0.25 percent in December of 2008.
Country Last Previous Highest Lowest
Turkey 8.00 Apr/18 8 500 4.5 % Daily
Mexico 7.50 May/18 7.5 9.25 3 % Daily
Russia 7.25 Apr/18 7.25 17 5 % Daily
Brazil 6.50 May/18 6.5 45 6.5 % Daily
India 6.00 Apr/18 6 14.5 4.25 % Daily
Indonesia 4.50 May/18 4.25 12.75 4.25 % Daily
China 4.35 Apr/18 4.35 10.98 4.35 % Daily
Thanks for sharing @maneco64
Nice video
Great update sir .. @maneco64.. I was watching it in your youtube channel :
great share
Fantastic video sir, you posts are always very informative, I wish I had more steem power so my vote had more weight!
The benefits the state benefits greatly
The sums are very huge
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