Jerome Powell Responds

https://www.federalreserve.gov/newsevents/speech/powell20260111a.htm

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Robert Kiyosaki predicts BRICS new currency will destroy the US dollar

Robert #Kiyosaki predicts #BRICS new currency will destroy the #US #dollar - The dollar is dying. And the BRICS group's proposed new currency will be the perpetrator that fires the final and fatal shot. As a result, everyone is better off investing their hard-earned #money in various alternative asset classes to be adequately prepared for the inevitable day the US dollar comes crashing down. These are the chilling words of Rich Dad Poor Dad author, Robert Kiyosaki, one of the world’s most trusted names in personal finance and investing. Kiyosaki’s chilling prophecy has sent shockwaves through the financial world, with many asking the same question: Are we truly on the cusp of a new world order where BRICS's upcoming currency will dethrone the US dollar as the dominant global reserve currency?

Robert Kiyosaki said in a series of tweets made on X on Sunday, May 19th, 2024, that the US dollar is at risk of losing its status as the global reserve currency immediately after the BRICS alliance establishes its proposed new currency. He tweeted: “Currently in South Africa a country I love. Watching and listening to rumours of what will happen when BRICS nations, Brazil, Russia, India, China, and South Africa produce BRICS crypto, possibly backed by gold. If BRICS gold crypto happens trillions in fake money, fiat US dollars will come rushing back to home to America causing hyperinflation in America, ultimately destroying the US dollar, he said.” The renowned personal finance author proceeded to recommend his usual blend of investments, advising: “Best Buy real #gold, #silver, and #Bitcoin now, and protect yourself from the crash of the US dollar.”

youtube.com/watch?v=eluEqBgUSf…

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Friday morning, the United Auto Workers went on strike at the Detroit-Three auto makers: General Motors GM +0.86% (ticker: GM), ...

A three-month strike could be enough to eliminate profit-sharing checks for auto workers. That and lower strike pay could make for a difficult holiday season.#MotorVehicles #PassengerCars #Automotive #FinancialPerformance #Earnings #LaborPersonnel #CorporateIndustrialNews #EmployeeBenefits #LaborDisputes #WorkersPay #PoliticalGeneralNews #GeneralLaborIssues #ContentTypes #FactivaFilters #C&EIndustryNewsFilter #SYND #Autos #Companies #Economy&Policy #Economics #FordMotor #F #Stellantis #STLAMMI #STLA #GeneralMotors #GM #S&P500Index #SPX #financialperformance #earnings #labor #personnel #corporate #industrialnews #employeebenefits #labordisputes #workerspay #political #generalnews #generallaborissues #contenttypes #factivafilters #c&eindustrynewsfilter #autos #companies #economy&policy #economics #motorvehicles #passengercars #automotive
A Lengthy UAW Strike Threatens a Merry Christmas for Thousands

Analysts believe prices will increase for popular models that have been hit by the strikes at General Motors, Ford, and Stellantis.

Analysts believe prices will increase for popular models that have been hit by the strikes at General Motors, Ford, and Stellantis. The question is how soon.#AudiovisualProduction #TelevisionProgramProduction #Automotive #MediaEntertainment #OutputProduction #Prices #LaborPersonnel #CorporateIndustrialNews #MarketsMarketing #ProductsServices #LaborDisputes #Cars #PoliticalGeneralNews #LivingLifestyle #ContentTypes #FactivaFilters #C&EIndustryNewsFilter #SYND #News #Autos #Economy&Policy #Economics #GeneralMotorsCo #GM #StellantisNV #STLA #FordMotor #F #Tesla #TSLA #GeneralMotors #output #production #prices #labor #personnel #corporate #industrialnews #markets #marketing #products #services #labordisputes #cars #political #generalnews #living #lifestyle #contenttypes #factivafilters #c&eindustrynewsfilter #news #autos #economy&policy #economics #audiovisualproduction #televisionprogramproduction #automotive #media #entertainment
The UAW Strike Will Hit Auto Production. What it Means for Buyers.