A hub for independent voices and hard truths
by confoundedinterest17 Cry for Argentina! The people, not their government or Central Bank. Argentina has similar problems to the US in terms of the Covid outbreak in 2020. Their Central Bank went wild (as did The Federal Reserve) in terms of …
“Inflation has… pretty much come from nowhere.” -Christine Lagarde European Central Bank President "Inflation has… pretty much come from nowhere." -Christine LagardeEuropean Central Bank President They printed trillions of Euros and had negative interest rates for years. Now they pretend …
“If the economy is re heating and we are avoiding a recession then inflation will also re heat and they will raise more and we will still end up in a recession. Yes, it is that simple.” If the economy …
via Gloom Boom Doom: Monthly Market Commentary: July 1, 2023 America Still Leads But Its Allies Are Uneasy, is the title of a recent Bloomberg opinion piece by Niall Ferguson. I have some reservations about Ferguson as an historian but …
Loan-to-deposit ratio has seen the sharpest rise since the 1990s This is the result of consumer borrowing increasing at an unprecedented pace pic.twitter.com/gKl61K9iQN — Bravos Research (@bravosresearch) June 29, 2023 “We’re in an inflationary debt bubble, meaning that consumers are …
“The German Yield Curve is the mot inverted its been in over 31 years. This may signal an impending recession. Also the German economy: -6.1% Inflation -Contraction in PMI from May to June -GDP forecasted to fall in Q2” Source: …
ECB boss Christine Lagarde claims: Inflation is due to climate change! 🤡 It is never their own policies or printings trillions of Euros or $$$ or ZIRP. It’s climate change and you need to pay more taxes to fix it. …
I love this ratio (old definition/new definition), specially the rate at which it has been increasing since 2021…👇 https://t.co/pXs2htkAra — Alvaro (@Alvaro128929138) June 25, 2023 Can you spot a difference between the two boxes? Identical in size and price of …
by BoatSurfer600 Source: https://zensecondlife.blogspot.com/2023/06/technological-meltdown.html?m=1
by BoatSurfer600 The Bank of Japan has been the total outlier in its reaction to the surge of inflation: It’s still practicing QE under the guise of yield curve control, which keeps the 10-year yield below 0.5%; and it’s still …
by BoatSurfer600 https://wolfstreet.com/2023/06/21/inflation-shocker-in-the-uk-core-cpi-spikes-to-30-year-high-driven-by-spike-in-services-even-as-motor-fuel-prices-plunge/ I like how it excludes food and energy. keks
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 …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/testimony/powell20230621a.htm Highlights: We at the Fed remain squarely focused on our dual mandate to promote maximum employment and stable prices for the American people. My colleagues and I understand the hardship that high inflation is causing, and we …
The media are full of news about UK mortgage rates going higher. But when we get to the cost of living and inflation they ignore its impact over the past year.CPI 0%CPIH 0%RPI 55.1% Give the RPI the credit for …
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 …
via mishtalk: The Fed’s Dilemma The lead chart shows CPI inflation cooled from 9.1 percent to 4.0 percent. Core CPI inflation, excluding food and energy only decline modestly, from 6.6 percent to 5.3 percent. The Fed’s preferred measure if inflation, …
Cause inflation is underreported and he’s corrupt af Source: https://www.newyorker.com/news/our-columnists/why-isnt-joe-biden-getting-more-credit-for-a-big-drop-in-inflation If I remember correctly the US government uses the June – July time frame for inflation to set how much those on Social Security will get for an increase for the …
Three million middle class homeowners are at risk of having their savings wiped out by the recent surge in mortgage costs, a leading think-tank has warned. Analysis from the Institute for Fiscal Studies (IFS) suggests 2.9 middle middle income mortgage …
by confoundedinterest17 Governor Waller cites slow progress on core inflation Richmond Fed chief Barkin says he’s comfortable doing more Two Federal Reserve officials said the central bank may have to raise interest rates further to tame price pressures that in some sectors …
https://twitter.com/simonateba/status/1668415862657671168/history France says goodbye to the West French President Emmanuel Macron has reportedly asked South African President Cyril Ramaphosa for an invitation to the upcoming BRICS summit in Pretoria, a move that could signal a shift in France’s foreign policy …
via businessinsider: The US should expect the dollar’s share of global reserves to slowly decline, but no alternatives exist that could completely displace the greenback, Treasury Secretary Janet Yellen said on Tuesday. Her comments came during a Housing Financial Services …
By Graham Summers, MBA There are two primary reasons why inflation has remained so persistent despite the Fed raising rates from 0.25% to 5.25% in the span of 14 months. 1) The Fed is using the wrong tools to end …
by confoundedinterest17 Okay, Joe Biden was generally regarded as the dumbest member of the US Senate and mean-spirited (I won’t repeat podcaster Joe Rogan’s opinion of Biden). Now we realize how brazenly corrupt Biden is (taking bribes from China and …
by confoundedinterest17 Foul Powell on the Prowl! Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront a resilient US economy and persistent inflation. The Federal …
https://twitter.com/NorthmanTrader/status/1666781333668913152?cxt=HHwWgICz-deyzKEuAAAA Janet Yellen, with one of the worst records ever of making predictions … now says this. pic.twitter.com/uv82aT3fgz — Wall Street Mav (@WallStreetMav) June 8, 2023 h/t Simian_Stacker
Inflation has went through the roof 📈 by u/BoatSurfer600 in Wallstreetsilver
via Egon von Greyerz: Tom Bodrovics from Palisades Gold Radio welcomes back Egon von Greyerz, Founder and Chairman of Matterhorn Asset Management AG based in Switzerland. Egon explains how the West’s debt is being increased exponentially, and that it’s only …
Authored by Clint Siegner, moneymetals Everyone loves an early inflation. The effects at the beginning of an inflation are all good. There is steepened money expansion, rising government spending, increased government budget deficits, booming stock markets, and spectacular general prosperity, …