President Biden's Marxist nominee for Comptroller of the Currency - who said she wants to "end banking as we know it," has just said the quiet part out loud, again.
When discussing today's "shock" CPI report we said that it was just a matter of time before there is a wave of political blowback that will make the recent anti-democrat revulsion in Virginia and NJ seem like amateur hour.
Despite government officials and central bankers continuing to peddle the "transitory" inflation narrative, the average American isn't buying it. They feel the squeeze of rising prices in their wallets.
Having seen producer prices soar yesterday, investors closely eyeing consumer prices for any signs that The Fed's 'transitory' inflation narrative is true and Wells Fargo analysts say it's unlikely sticker-shock-weary consumers will see relief as t
New York (CNN Business)American households are carrying record amounts of debt as home and auto prices surge, Covid infections continue to fall and people get out their credit cards again.
The White House is reviewing its policy options to reduce the price of gasoline at the pump and expects to make an announcement in the next few days, the secretary of energy said in a television interview on Monday.
On August 15th, 1971, the then-president of the United States, Richard Nixon, made an eighteen-minute speech to the country whose effects impacted the world. Among other subjects, he announced the end of the dollar-gold parity, which was a shock.
The rich door and the poor door: Terrified millionaire residents of luxury San Fran condo building hit out after adjoining alleyway becomes city's BIGGEST homeless encampment
Peter Schiff was a guest on the Quoth the Raven podcast on Friday last week, where he covered topics ranging from crypto, to the VA governor race results, to China and, of course, the Fed's decision to taper this past week.
Covid was one giant smokescreen to "allow" central banks and Treasuries to merge and lead to endless money printing - creating some $30 trillion in liquidity in the process.
Likewise, the "Net Zero" emissions myth is what will perpetuate this endles
The Federal Reserve has held interest rates artificially low for decades. Even after pushing rates to zero in the wake of the 2008 financial crisis, "normalization" only managed to raise rates to 2.5% -- hardly "normal." The central bank be
Until recently, it appeared economic competition had been driving the rise and fall of small and large companies across the U.S. Supposedly, PepsiCo is Coca Cola's competitor, Apple and Android vie for your loyalty and drug companies battle for you
Patent attorney John Titus said that the Federal Reserve (Fed) added $4.5 trillion to its balance sheet since March 2020, which is the largest monetary event in the history of the world!
After surging an unexpected 8.1% MoM in August, and on the heels of rebounds in new- and existing-home sales, Pending Home Sales in September were expected to scrape out a modest 0.5% MoM rise, but that was a long way off as Pending Home Sales tumble
The day started off ugly with a big disappointment for GDP growth and ECB's Lagarde failing to jawbone the market down from its more-hawkish positioning on EU rates...
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