A hub for independent voices and hard truths
JUST IN: Rep. Tom Emmer introduces a bill to ban the Federal Reserve from creating a Central Bank Digital Currency. "A CBDC is nothing more than a CCP-style surveillance tool that can be weaponized to oppress the American way of …
by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 13th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed …
by Simian_Stacker The vulnerable ones go first, and then it spreads. ” Mr Lincoln said “all industries are represented” but the failure rate was particularly concentrated in start-ups and tech companies. ” Warning issued that 75% of all ASX-listed companies …
via Charles Hugh-Smith So hey, central bank cheerleaders, lackeys, toadies, apologists, apparatchiks and sycophants: no, the central banks aren’t going to “save” your precious asset bubbles from popping. There’s a fanciful confidence afoot that central banks will once again coordinate …
The biggest risk that today's pundits are universally ignoring is the fact that unlike during the pandemic, all of these central banks are now totally uncoordinated in their actions – some pausing, some tightening, some easing. Which will make this …
pic.twitter.com/uX9VoRGdXK — Genevieve Roch-Decter, CFA (@GRDecter) August 15, 2023 Does anyone remember August 2015 – Yuan deval? Well, it's about to be a lot worse this time as the Chinese government can't stimulate the economy and support the currency at …
by confoundedinterest17 Central bank digital currencies (CBDCs) are the digital form of a government-issued currency that isn’t pegged to a physical commodity (in other words, CBDCs are digital FIAT currency). They are similar to cryptocurrencies, except that their value is fixed …
Image via creative commons From Peter Reagan at Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: A primer on central bank gold buying, what an …
“New York City Mayor Eric Adams (D) has started moving border crossers and illegal aliens into recreation centers at parks in two of Brookyln’s ultra-liberal neighborhoods. Another migrant camp may soon be coming to Manhattan’s Central Park.” New York City …
via discernreport: Despite significant selling by Turkey that slowed net central bank gold buying in the second quarter, central banks added a record amount of gold to their reserves through the first half of 2023. Net central bank gold purchases …
by Chris Black Imaginee the smell. New York city’s never going to make it. This isn’t the cyber punk future I wanted . #BREAKING: As part of a plan to find new homes for some of the more than 95,000 …
The European Central Bank just raised rates for the 9th consecutive time Inflation in Europe is still 5.5% Rates are now at a 23-year high in Europe: pic.twitter.com/YSpUeBSw1H — Genevieve Roch-Decter, CFA (@GRDecter) July 27, 2023 Business credit conditions in …
JUST IN – Putin signed a law on introducing a central bank digital ruble and creating an appropriate electronic platform — TASS — Disclose.tv (@disclosetv) July 24, 2023 UST IN – Putin signed a law on introducing a central bank …
IMF deputy managing director, Bo Li: Central Bank Digital Currencies (CBDCs) will be programmable, such that governments will be able to centrally determine what kind of people can use them, and what kind of things people can buy with them, …
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to …
‘Clients are taking £20,000 off the asking price’: How the house price slump is causing misery for sellers Homeowners are having to knock as much as £20,000 off their asking price in an effort to find a buyer, housing insiders …
Ukraine’s National bank says it now holds nearly $39 billion in foreign reserves, the highest level in the history of the country as an independent nation, as it continues to receive large deliveries of cash from allied nations. There was …
“Central Bank Digital Currency will be programmable… ultimately giving the issuer control over *how it is spent by the recipient*… your freedom to purchase fuel, meat, flights, fertilizers will be limited to a carbon credit score.” Central Bank Digital Currency …
Global Central Banks Set to Diverge on Rates as Stubborn Inflation Stalks Fed, ECB Quarterly outlook on what to expect from monetary policy A less synchronized picture is emerging for the world economy Stubborn inflation keeping US and European officials …
via The Telegraph: Germany’s central bank may need a bailout to cover losses on the debt it hoovered up as part of the European Central Bank’s (ECB) massive bond-buying programme, the country’s federal auditor has warned. The Bundesrechnungshof said losses …
by BoatSurfer600 We are seeing what can be expected at this stage, i.e. central banks taking turns debasing and FIAT currencies plummeting with regards to precious metals and purchasing power. The perfect gold storm is now here Source: https://kingworldnews.com/crude-oil-will-soar-to-at-least-250-300-and-the-perfect-gold-storm-surge-to-10000-15000/
The migrants are demanding they be houised ahead of French citizens. Coming to NYC, Chicago, etc… soon. AC
by Dismal-Jellyfish Norway: https://www.norges-bank.no/en/topics/Monetary-policy/Monetary-policy-meetings/2023/june-2023/ Policy rate raised to 3.75 percent Norges Bank’s Monetary Policy and Financial Stability Committee decided to raise the policy rate by 0.50 percentage point to 3.75 percent. The Committee’s current assessment of the outlook and balance of …
via naturalnews: Amid a wave of interest rate hikes by central banks across the globe, the surge in food prices continues unabated. Experts associated this phenomenon with two key factors: the inelasticity of food demand and a looming long-term supply crisis. Despite …
Its not just the #Fed… World Central Banks starting to add #liquidity See our latest liquidity heatmap pic.twitter.com/ryLxnyE4Sp — CrossBorder Capital/ GLIndexes (@crossbordercap) June 20, 2023 Corporate Insiders are selling heavily into the stock market rally over the last 2 …
by BoatSurfer600 via YAHOO: (Bloomberg) — Sweden’s beleaguered property sector suffered another blow when one of the largest office landlords in the capital was downgraded to junk status by Moody’s Investors Service. Stockholm-based FastPartner AB saw its rating cut one …
