money

In June, the total amount of money owed to finance companies (Consumers, Real Estate, Business) increased 17.7%. In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537

by Dismal-Jellyfish https://www.federalreserve.gov/releases/g20/current/g20.pdf In June 2023, the total outstanding amount owed was approximately $1,850.9 billion dollars–up 14.7% from May! In the first quarter, the interest rate for new car loans was 6.4% with a maturity of 66 months financing $39,066. For used cars, 15.7% with 66 months financing at $23,537. Wut Mean?: Folks and businesses are …

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Bidenomics Gets Jolted! US Job Openings Fall To 8.82 Million In July (Down -22.4%) As M2 Money Growth Collapses

by confoundedinterest17 Bidenomics just got jolted! US job openings in July collapsed by -22.4% to 8.82 million job openings. As M2 Money growth remains negative. You can see the same collapse in growth of job openings in this chart. Apparently, Powell and The Gang at The Federal Reserve have to keep on printing! Here is alleged …

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Rep. Nancy Mace to Joe Biden: “We’re Coming for You” – Biden Family Money Laundering Was for “Tens of Millions of Dollar

Rep. Nancy Mace to Joe Biden: “We’re Coming for You” – Says Just One Treasury Suspicious Activity Report for Biden Family Money Laundering Was for “Tens of Millions of Dollars and Then Some, It’s a Staggering Amount of Money” (Video) Rep. Nancy Mace (R-SC) said on Monday that just one Suspicious Activity Report (SARS) on …

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The US spent $60 billion rebuilding Iraq after the 2003 war. There is virtually nothing to show for the money. Most of the money seems to have been stolen by US defense contractors.

via publicintegrity.org: After U.S. and allied warplanes destroyed a key bridge carrying 15 oil and gas pipelines in northern Iraq during the 2003 conflict there, officials in Washington and Baghdad made its postwar reconstruction a top priority. But instead of spending two months to rebuild the span over the Tigris River at an estimated cost …

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Thrill Is Gone … From Bidenomics! US Durable Goods Orders Fall -15.23% From June To July While Fed M2 Money Grew 12.7% (Turning Back On The Money Machine!)

by confoundedinterest17 The Thrill Is Gone … from Bidenomics. July durable goods [blue] new orders plummet, recording the worst month since C19 in April 2020. Durable goods fell on a MoM basis by -5.2%, versus -4% consensus estimate. Durable goods ex-transportation [orange] still rose on a MoM basis by +0.5%, perhaps highlighting the weakness in …

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Bidenomics! US Payrolls Were Likely 306,000 Lower Than Previously Estimated (July Jobs Growth Slowed To 2.2% YoY As M2 Money Growth Slowed To -3.7% YoY)

by confoundedinterest17 Preliminary benchmark revision smaller than some had projected Biggest payrolls adjustment in transportation and warehousing Are you surprised that the Biden Administration has been lying about job creation?? Not really since Biden compulsively lies about everything. Including his corruption. US job growth was probably less robust in the year through March than previously …

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‘Market not happy as exploding money market yields pressure banks to raise deposit rates or face mass exodus.’

Speaking of under-funded banks, Schwab just announced they are cutting jobs AND raising debt. https://t.co/Bd8grqcl0J Market not happy as exploding money market yields pressure banks to raise deposit rates or face mass exodus. pic.twitter.com/ugidUJHuIW — Mac10 (@SuburbanDrone) August 22, 2023 Financial stocks are dropping, moar BTFP liquidity is needed — Alessio (@AlessioTMAD) August 22, 2023

Local governor in China: “The money we receive from the CCP government for implanting spyware exceeds what we earn from making the cell phones”

BOMBSHELL REPORT: NFSC chairman uncovers MASSIVE CCP SPY OPERATION on American soil utilizing elements and components American citizens use on a daily basis. The amount of data COLLECTED by these operations is staggering.. WHAT ARE THEY USING IT FOR? BOMBSHELL REPORT: NFSC chairman uncovers MASSIVE CCP SPY OPERATION on American soil utilizing elements and components …

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Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday

by Dismal-Jellyfish Source: https://www.reuters.com/article/idUSL6N39V0EO Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday. An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating …

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Crackdown on real estate money laundering is coming

US set to unveil long-awaited crackdown on real estate money laundering https://t.co/Vsay98aguV pic.twitter.com/iVFzrljRYU — Reuters Politics (@ReutersPolitics) August 10, 2023 https://www.reuters.com/world/us/us-set-unveil-long-awaited-crackdown-real-estate-money-laundering-2023-08-10/?taid=64d4d859b029ae0001cf03d1&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter US Treasury to Slam Shut Loophole Enabling Anonymous Luxury-Home Purchases https://t.co/hv0GSYZK3f via @parallelfacts — Parallel Facts (@ParallelFacts) August 10, 2023

Excessive money printing has raised prices above long-term core trend, causing permanent higher prices, cost of living, and poor and middle-class burdens.

Reality is all that previous excessive money printing has goosed up prices far above the long term core trend. And only a hard landing would even have a shot at bringing it back to trend, otherwise the future is clear: Permanent higher prices and cost of living with wages not having kept up. And the …

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Recent intra-day reversals are due to institutional dumping of tech stocks, selling to retails. The weak 30 year treasury auction + Fed’s BTFP emergency lending window at a new all time high = We are in the final countdown.

These massive intra-day reversals we've been seeing lately are a result of institutions dumping Tech stocks en masse. A process known as "distribution" i.e. selling to retail late money. Here we see (Chaikin) money flow has collapsed. Note the difference from the last top: pic.twitter.com/IrPaM0TglA — Mac10 (@SuburbanDrone) August 10, 2023 This chart sums it …

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NYC is spending more money on illegal migrants than ‘sanitation, parks, and the fire department combined’

NYC is spending more money on illegal migrants than "sanitation, parks, and the fire department combined." $5 billion for the fiscal year. Adams is on TV this morning begging for more money and taking no responsibility for encouraging the crisis. pic.twitter.com/n8aLWAB1DU — Citizen Free Press (@CitizenFreePres) August 10, 2023

Chase Bank Is In BIG Trouble, Pull Your Money Out Of All Banks

https://www.youtube.com/watch?v=dRLnzWk9N5g In recent times, an alarming trend has emerged – a run on Chase Bank. Customers have been rushing to withdraw their funds, resulting in an astonishing $200 billion worth of deposits being pulled out. This significant loss in deposits is a clear indication that people are growing increasingly concerned about the stability of the …

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Bidenomics! M2 Money Velocity Rises … To Almost Pre-Covid Levels, Fed Balance Sheet Remains Above $8 TRILLION (Biden Energy Secretary Secretly Consulted Top Chinese Energy Official Before SPR Release, Sales To Hunter Biden-Linked Chinese Energy Giant)

by confoundedinterest17 I wonder which season the US economy is in, according to President “Chance the Gardener” Biden. If you believe the recovery talk (from the reckless Covid economic and school shutdowns of 2020), all is well in the (economic) garden. For example, M2 Money Velocity (GDP/M2), is almost back to where it was just …

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Liquidity is flowing out of banks paying piddly .15% interest on accounts, as yield seekers flock into money markets & other higher-yielding financial instruments. Cue worsening liquidity crisis at local and regional banks in 3-2-1…

Assets in money market funds have hit a record $5.5 trillion. With yields above 5%, this trend should continue. pic.twitter.com/gpRrtgBjoL — Charlie Bilello (@charliebilello) August 3, 2023 Bear Stearns Collapse March 16, 2008Lehman Brothers Collapse September 15, 2008 Silicon Valley Bank Collapse March 10, 2023******************* Collapse September 15, 2023 🤫pic.twitter.com/kfdPWKxt1dhttps://t.co/qBMYgTkITR https://t.co/VqtC8XyGSu — Financelot (@FinanceLancelot) August …

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High interest rates drive people to money market funds, reducing banks’ lending capacity and increasing caution

People are moving money from banks to money market funds due to high interest rates This means banks will have less money to lend and they will be more careful with who they lend to pic.twitter.com/jmdzNAqR56 — Bravos Research (@bravosresearch) August 4, 2023 Capital Economics predicts 40% decline in commercial real estate values. Commercial real …

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The reservoir of ‘helicopter money’ is drying up.

by bitkogan The savings of Americans, which swelled thanks to the government’s pandemic stimulus, have not only shrunk, but have even fallen below the level of the longer-term trend stretching back to before the pandemic. The key driver behind this is inflation, which is making expenses grow faster than incomes. The gap between personal income …

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EASY MONEY 4-week T-Bill at 5.45%

If your bank isn’t paying higher interest grab some t-bills! Rates will probably go higher to attract more buyers of US debt! BRICS won’t need us much longer! Yields Surge After Treasury Boosts Auction Sizes More Than Expected, Sees Debt Issuance Tsunami On Deck: https://www.zerohedge.com/markets/yields-surge-after-treasury-boosts-auction-sizes-more-expected-sees-debt-issuance-tsunami   h/t irthdog7

Bidenomics (Or Yellenomics)! Real Weekly Earnings For Men LOWER Under Biden Than Jimmy Carter! (Men’s Real Weekly Earnings DOWN -9% Since Q2 2021 While M2 Money UP 31%)

by confoundedinterest17 President Jimmy Carter is usually the bar for terrible Presidents. Under Carter, the US experienced economic stagnation and soaring inflation. At least it led to the election of Ronald Regan! So, Biden’s much mentioned Bidenomics have produced REAL MEDIAN WEEKLY EARNINGS FOR MEN that is currently below 1979 levels under Jimmy Carter. Even …

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