Al-Marsad newspaper: A financial markets expert and economic analyst said on Tik Tok that there are major declines on the way, not in clothes, but in money itself.
He added in a video clip: “When the US Federal Reserve lowers interest rates, this means that loans will become cheaper, huge amounts of money will be pumped into the markets, loans will increase, people will spend more, and everything around you will cost little by little.”
Deposits
He continued: “This also means that you will not be able to bring deposits into banks, and inflation will also exceed the bank’s interest, and people will flee from banks and buy gold, crypto, real estate, and stocks, and suddenly we will see prices become tense, not because they are rare, but because the dollar has fallen to its price.”
