This site is made in honor of my Lord and Savior Jesus Christ who gave His life for me and whose blood has covered over my transgressions and thus reconciled me with the Father to whom forever be the glory!

This site contains pictures, videos, commentary, links, posts, writings,etc. meant to in one way or another, directly or indirectly lift up the Name, the ONLY name, under heaven, given to men, by which we must be saved, Jesus Christ.

The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.

My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.

In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."

Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."

AMEN.

Monday, December 6, 2021

Current Events-Economy

https://br.yahoo.com/finance/news/d%C3%B3lar-abre-em-queda-ante-121137667.html

O próprio chair do Fed, Jerome Powell, disse na semana passada que acredita ser apropriado discutir na próxima reunião do banco central o encerramento total de seu programa de compras de títulos alguns meses mais cedo do que o esperado, em meio a sinais de persistência da inflação alta nos EUA. Isso poderia abrir caminho para alta nos custos dos empréstimos.

The main reason why inflation is noticeable, going to get more noticeable, and no longer "transitory" is because of all the printing that took place by way of the couple trillion dollar bills that were passed this year. If they stop the buyback now that may lead to higher inflation because all the money is already been pumped IN. Raising rates may help contain inflation but then the bubble has already been blown up so like Legarde said earlier, why fix the problem now when it's only gonna get worse? How can you raise rates when an economy is loan-based?

It's almost as if they (the FED) WANT inflation. However, devaluing currency, like China used to do and still does to a lesser extent, is only constructive when there is LOW circulation. Devaluing currency when there is HIGH circulation is a recipe for disaster!

Consider the following USDCNY chart for a look at how the currencies appear to be exchanging places:

https://www.macrotrends.net/2575/us-dollar-yuan-exchange-rate-historical-chart

The downward trend (USD) for the last 5 years is obvious.


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