Money & Markets Report: September 15, 2022

133 Comments

  1. World War I was an effort to keep Germany and Russia from partnering to build a land bridge threatening England’s sea supremacy. Here we are back at the same place again with the Ukraine/Russian war.

  2. The decline in equities is probably due to Vatican pulling back funds, yet no one is saying that. Vatican deadline is Sept 30. So Powell, et al have to wing their way around this fact.

    1. Lots of small stuff that can destroy a satellite, but could it protect it? Perhaps, if you were shooting satellites from earth, may make things more complicated. If you are on the moon shooting at earth, would it make a difference?

      1. Shooting upward/earth to space, I hadn’t considered. Good point! Yes, I think shooting downward/space to earth, it could make a difference. Reading your note, I think you’re spot on that it could destroy a satellite. Thanks!

  3. Please someone can you help me understand gold and silver…

    How do you use gold/silver as a medium of exchange in a social economy? How do you purchase with it? What good is a silver/gold bar or coin when you go to buy milk? Store cashiers won’t know how to give you change – perhaps won’t even be permitted to accept it. What good is it as an investment if you can’t use it anywhere? And then, what happens if the economy goes digital! Then what!??

    I know you have the calculator. But what if you don’t carry around your phone? Still, the question of cashiers accepting it and providing change when purchasing…. Thank you in advance.

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