Sunday, July 24, 2022

Koon Yew Yin 14 July 2022 - Sanctions on Russia is counter productive

Koon Yew Yin - a philanthropist and one of Malaysia’s best stock pickers.
https://koonyewyin.com/2022/07/17/sanctions-on-russia-is-counter-productive/

NATO countries including US imposed economic sanctions on Russia because of its invasion of Ukraine on 24 February. All NATO countries are discouraged or forbidden to buy Russian products such as oil, gas, wheat and fertilisers. As a result, the prices of oil, gas, wheat and fertilisers has been surging and affected the prices of many other consumer products. That is why I said sanctions on Russia is counterproductive. It is hurting all NATO countries including US. Inflation in US is highest in the last 40 years.

Sunday, July 10, 2022

Is the Federal Reserve Printing Money?

Is the Federal Reserve Printing Money? 
  • People say the Fed is "printing money" because it adds credit to accounts of federal member banks or lowers the federal funds rate. 
  • The Fed takes both of these actions to increase the money supply. 
  • The Bureau of Engraving and Printing, under the U.S. Department of Treasury, does the actual printing of cash for circulation.
Does the Federal Reserve Print Money?

Habits to improve life