Hey Big Spenders! 16 Nobel Prize-winning economists say Trump policies will fuel inflation (big spending gov’t +37.7%, US debt up 50% under Biden driving the economy, along with Federal Reserve)

by confoundedinterest17 Hey big spenders (Biden, Congress and the 16 Nobel prize winning economists). June 25 (Reuters) – Sixteen Nobel prize-winning economists signed a letter on Tuesday warning that the U.S. and world economy will suffer if Republican presidential candidate Donald Trump wins …

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Inflation evident: $100 buys much less in groceries. Oil prices surge, raising concerns for expensive summer driving.

Food Inflation since 2019 pic.twitter.com/HzChTeIbHt — Win Smart, CFA (@WinfieldSmart) April 4, 2024 They are definitely losing control over #oil prices 👀 https://t.co/ssixSkhvse pic.twitter.com/Q3Qo25AwoZ — JustDario 🏊‍♂️ (@DarioCpx) April 5, 2024 Oil analysts are getting worried about an expensive summer …

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Self driving KFC food truck in China

Self driving KFC food truck in China Do you think those would survive long in our cities like Philadelphia, Chicago, San Francisco, NYC, etc? pic.twitter.com/ftiEWFpmoN — Wall Street Mav (@WallStreetMav) March 11, 2024

Dropping Like a Stone: ON RRP Take-up in the Second Half of 2023. Liberty Street Economics detail the recent drop in ON RRP take-up through the lens of the channels identified in the recent staff report driving its initial increase.

via dismal-jellyfish: Source: https://libertystreeteconomics.newyorkfed.org/2023/12/dropping-like-a-stone-on-rrp-take-up-in-the-second-half-of-2023/ Background: Liberty Street has a paper Treasury Bill Supply and ON RRP Investment based on the Staff Report Banks’ Balance-Sheet Costs, Monetary Policy, and the ON RRP. TLDRS: The authors call out the increase in Overnight Reverse Repurchase (ON RRP) …

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Erie County, New York, unveils travel bans for emergencies, including a “snowstorm driving ban” and an “essential worker” portal, raising concerns about government overreach.

New York county to enforce travel bans for weather and other ‘catastrophes,’ announcing portal for ‘essential worker’ movement passes There has yet to be a reckoning for all of the government tyranny we witnessed since 2020, leaving power hungry politicians …

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Energy crisis is driving collateral problems…

Some solid evidence that a potential energy crisis is driving collateral problems. This week when oil prices were routed, some of the collateral pressure abated: swap spreads decompressed as WTI retreated. pic.twitter.com/AOWyjKyN3O — Jeffrey P. Snider (@JeffSnider_EDU) October 7, 2023 …

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