Fake News on the Economy Is Driven by Fake Money

by Stefan Gleason The mainstream financial media is hailing Friday’s surprise “blowout” jobs report. According to the Labor Department, employers added 254,000 jobs in September, much more than had been forecasted. President Joe Biden joined Federal Reserve Chairman Jerome Powell in taking a victory lap for the supposedly strong economy. Among those unimpressed by the …

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This POS just said the American people need to help fund the recovery of Hurricane Helene in NC. Because it’s gonna take a hell of a lot of money.

😡😡😡😡😡 Keep in mind they just decided this week to send 2.7 BILLION more to Ukraine (with a commitment of up to $5.55 billion in defense articles and services from Dod stocks). You don’t hate Kamala & Biden ENOUGH — TheRightGirl (@TheRightGirl47) October 1, 2024 Our government is captured, and no one can convince me …

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Millions of illegals being provided by the government with money for housing using your tax dollars is a major part of what’s driving up costs

Millions of illegals being provided by the government with money for housing using your tax dollars is a major part of what’s driving up costs https://t.co/qROyHzeJv6 — Elon Musk (@elonmusk) September 30, 2024 Very few Americans realize that, if Trump is NOT elected, this will be the last election. Far from being a threat to …

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This is unacceptable. The Labour party is hiding data about how taxpayers’ money is being spent on illegal immigrants.

This is unacceptable. The Labour party is hiding data about how taxpayers' money is being spent on illegal immigrants. I imagine they don't want us to know because it's costing us an absolute fortune. pic.twitter.com/c5yhJvvRv0 — Lee Harris (@LeeHarris) September 11, 2024 Abusing our pensioners so illegal migrants can have an easy life is unforgiveable. …

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Makes sense when you follow the money!

pic.twitter.com/RA4LQaZL0N U S Food Ingredients vs Other Countries.American food tends to include a much higher quantity of ingredients like additives that are banned in most European countries. Most American food products feature seed oils,artificial flavors, food dyes& numerous… — Thrilla the Gorilla (@ThrillaRilla369) September 8, 2024

What We’re Told About “Sound Money” Is a LIE

Economists predict the Fed will soon drop interest rates because the rate of inflation has slowed. Why the slowdown? One analyst is ready to celebrate lower inflation and lower rates as “the return of sound money.” What does that even mean? From Peter Reagan for Birch Gold Group Step back with me, for a moment, to …

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NVIDIA has been underperforming financially recently, resulting in significant losses for investors.

NVDA’s stock price experienced significant declines following its earnings Day 1: NVDA’s stock price declined by 2% ahead of its earnings report, likely due to caution and uncertainty among investors. Day 2: Despite reporting good earnings, NVDA’s stock price dropped by 6.38%. Day 3: The market rallied, with semi-conductor peers rising 5-10%, while NVDA’s stock …

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Senator Warner of VA pushes bill requiring banks to borrow money from the Fed, what does he know we don’t?

Warner pushes bill requiring banks to test discount window The lawmaker introduced a measure that would reduce stigma tied to the Fed’s short-term lending facility, which has seen a litany of attention from regulators in recent weeks. Dive Brief: Sen. Mark Warner, D-VA, introduced legislation Thursday seeking to require banks to engage in periodic test …

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Trump blocked from moving hush money case to federal court by judge

A federal judge in Manhattan on Tuesday rejected an effort by former President Donald Trump to remove his criminal hush money case to the federal courts, saying there is “nothing” in the Supreme Court‘s recent immunity decision that should allow for such a move. “Nothing in the Supreme Court’s opinion affects my previous conclusion that …

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Trillions of dollars of money printing since Covid has created the illusion of a growing economy… in fact, the US economy is in the midst of a depression. Marc Faber warns markets could deflate 50%.

Textbook recession: 2 consecutive quarters of negative real GDP Textbook depression: 12 consecutive quarters (3yrs) of negative real GDP 🇺🇸 currently in 9th consecutive quarter of negative real GDP ⚠️ — CJK (@CJKonstantinos) August 29, 2024 31% of parents say they are unable to afford back-to-school shopping for their kids this year, per Credit Karma. …

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CRASH IMMINENT! We have no money for ‘real’ unadulterated protein! Sausage to the rescue.

CRASH IMMINENT! How do we know??WE ARE BUYING SOOO MUCH SAUSAFE!! Increased sausage demand could be worrying signal on the economy https://t.co/Reyeic1grU — cowboy (@COWBOYCHILLI) August 27, 2024 An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There has been “modest growth” …

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Nearly half of real estate investors report losses, with 90% losing money on at least one investment.

According to a recent report by Clever Real Estate, nearly half (42%) of residential real estate investors have reported losing more money than they’ve made in real estate investing. The study also found that 90% of investors have lost money on at least one investment. Source: https://metroatlantaceo.com/news/2024/07/90-real-estate-investors-have-lost-money-investment/ https://finance.yahoo.com/news/90-real-estate-investors-lost-124100763.html https://www.prnewswire.com/news-releases/90-of-real-estate-investors-have-lost-money-on-an-investment-302203550.html

The dumb money piles in at the top!

#recession … #StockMarket Bubble edition The dumb money piles in at the top! 👀 https://t.co/Vtd3wnd1IP — Invariant Perspective (@InvariantPersp1) August 23, 2024 #Employment 📉 🥶 https://t.co/CcaH313H9I pic.twitter.com/4G3S50HcUX — Invariant Perspective (@InvariantPersp1) August 23, 2024 The average 🇺🇸 American household owes $10,000 in credit card debt, $58,957 in student loan debt, $241,840 in mortgage debt and …

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Facebook made money off scam crypto ads

  More than half of cryptocurrency-related ads on Facebook analysed by Australia’s consumer regulator were scams or violated Meta’s policies, a court has heard. The Australian Competition and Consumer Commission (ACCC) took Meta to court over celebrity scam ads in 2022, alleging the company had engaged in false, misleading or deceptive conduct in publishing the …

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UAE suspends 32 gold refineries for 256 violations in crackdown on money laundering, terrorist financing

(Kitco News) – The government of the United Arab Emirates (UAE) has suspended the operations of 32 gold refineries – representing 5% of the total market – in a crackdown on money laundering and terrorist financing activities in the precious metals sector, according to an announcement from the Economy Ministry. “The Ministry of Economy has …

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ALERT: M2 money supply is now expanding after a 16 month contraction

Starting in 2021, we saw a decline in a measure of the U.S. money supply called the M2 money supply. M2 includes cash in circulation, deposit accounts, money market accounts, and certificates of deposit. It’s basically all the easily accessible money in the country. By 2022, amid tightening policies from the Federal Reserve, year-over-year growth in the M2 …

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