The new campaign, "Fossil Free Federal Reserve," launched by the grassroots environmental advocacy group 350.org, demands the Federal Reserve end bank fossil fuel financing by using existing regulations.
For some time, I've been saying that the economy is in the "eye of the storm" and that when it emerged, the weather would be far rougher than in 2008.
The ideal bagholder is one who adds more on every downturn (buy the dip) and who refuses to sell (diamond hands), holding on for the inevitable Fed-fueled rally to new highs.
After urging agency heads at the July 19 meeting to "act quickly" to ensure stablecoins face appropriate rules, according to a brief Treasury Department statement:
...this data is from May, before the recent slowdown in sales.
After existing-home sales printed a very modest rebound from lowered numbers, analysts expect new home sales to rebound from 12-month lows in June (even as homebuilder confidence sinks to an 11-month low), but boy oh boy were they wrong.
This high demand is joining forces with lagging supply to drive prices up. Right now, the average national price of regular gasoline is sitting at $3.14 a gallon.
Tim Picciott (The Liberty Advisor) gives the Economic Report - John Whitehead (The Rutherford Institute) provides an update on our civil liberties & 2nd amendment rights
Everything is now political.
Trouble is brewing in fast-food paradise as junk chains Starbucks and Taco Bell warn customers that they are running out of food and beverages, allegedly due to the Wuhan coronavirus (Covid-19).
Inflation & shortages are created by Federal Reserve counterfeiting and government interventions in the economy. Every other excuse is just that, an excuse that is meant to distract you from the sources of these ills.
This was not supposed to happen.
This was not supposed to happen.
Campbell's Condensed Tomato Soup has long been our favorite way to visualize the effects of inflation over time in the U.S. economy.
American families are already struggling amid mounting price inflation that's eating away at their budgets, with higher costs for housing, vehicles, and more. Yet a top CEO is warning that the growing inflation problem facing Americans could get mu
Gristedes CEO John Catsimatidis predicts a 6% annualized rate of inflation by October
Senate Majority Leader Chuck Schumer (D-NY) will release a report Wednesday that argues spending trillions will "ease inflation pressures."
A perfect storm of trouble--extreme dry conditions, a volatile commodity market, and climbing expenses--have millers and bakers passing on rising costs to customers.
This report delves into the economic chaos and plunging markets and the deeper issues behind it all, including what the Biden Administration is trying to do.
Amid a slew of weak housing sales data, weak mortgage applications, crashing homebuyer sentiment, and 11-month low homebuilder sentiment, analysts still expected both housing starts and permits to rise MoM in June... they were half right!
PBS Frontline recently released a documentary titled "The Power of the Fed."
BREAKING NEWS: NATIONAL SOCIALIST-LED LABOR STRIKE PLANNED ON OCTOBER 15TH
A general strike (or mass strike) across the U.S. is planned for Oct. 15. It may involve a substantial proportion of the total labor force across metro areas, towns, and rural communities that could bring the economy to a standstill.
After decades of unhinged money-pumping, the Fed has driven real interest rates so low that there are no more bond investors - just traders and suckers.
...rising costs of living expenses in general will soon affect consumption (especially consumption of non-essentials) in a rather large and obvious way...
US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC
America Goes On A Buyer's Strike: Explosive Inflation Leads To Record Collapse In Home, Car Purchase Plans
Great swaths of the American workforce are already on strike or slipping away from the dead-end treadmill.
It has been 50 years since President Nixon proclaimed that "We are all Keynesians now." The results of allowing government (via its central bank - The Federal Reserve) to create dollars out-of-thin-air have now been produced. Decade after decade we e