money

The cost of printing $4 trillion and handing it out: Everyone spends the money, consumer spending falls at a historic pace and then the world pays the price with 40-year high inflation.

On top of printing $4 trillion, the Fed lowered rates to 0% overnight in March 2020. Now, we have the fastest rate hike campaign in history. It’s unclear if zero interest rate policy was a net positive. Follow us @KobeissiLetter for real time analysis as this develops. — The Kobeissi Letter (@KobeissiLetter) July 31, 2023 …

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Boom! Eritrea President Isaias Afwerki to Putin: “They are printing money. They are not manufacturing anything at All. It’s printing Money.

Here comes the pain. The parasite party is over. Afwerki said the quiet part out loud with Putin and Lavrov at the table at the Russia-Africa Summit in St. Petersberg last week. The President of Eritrea calls out the petro-dollar system & US hegemony. It's one thing for @LukeGromen, @Myrmikan & Zoltan Pozsar to describe …

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Inflation Adjusted, Men Are Making Less Money Than in 1979, Women Are Doing Better

via Mike Shedlock: BLS charts show interesting trends in real (inflation-adjusted) weekly earnings. Men are getting clobbered relative to women, but everyone is losing lately. Median real earnings from the BLS, inflation adjusted to the 1982-1984 CPI Index, chart by Mish. Median Weekly Real Earnings In the first quarter of 1979 men were making $408 …

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Watters claims denying Joe Biden’s involvement in Hunter’s unregistered foreign lobbying, money laundering, and influence peddling scheme is avoiding reviewing evidence and whistleblowing.

Jesse Watters contends that those who deny the evidence of Joe Biden's involvement in Hunter's unregistered foreign lobbying, money laundering, and influence peddling scheme are intentionally avoiding reviewing the laptop, listening to whistleblowers, reading the FBI informant… pic.twitter.com/Ajc76ALhoh — KanekoaTheGreat (@KanekoaTheGreat) July 28, 2023 JUST IN: Hunter Biden directly contradicted his father to Judge Noreika …

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Six banks submitted 170 suspicious activity reports to Treasury Department, alleging Biden family involvement in money laundering, human trafficking, and tax fraud.

“BREAKING Rep. James Comer says six banks, including JP Morgan, Bank of America, and Wells Fargo, submitted over 170 suspicious activity reports to the Treasury Department regarding the Biden family, alleging their involvement in money laundering, human trafficking, and tax fraud. The American banks also raised concerns about wire transfers received by the Bidens from foreign …

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Banks are quietly turning off the money tap

via creditnews: As interest rates bite and fears rise over an impending credit crunch, bank lending shows the first signs of contraction, according to new research from UBS. The data include all types of lending to individuals except for mortgages and credit cards—as well as business loans.   “Overall bank lending growth is slowing, consistent …

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Debit Balances in Customers’ Securities Margin Accounts increased by $37,058 million, or 5.75% from May to June–the biggest jump since December 2022. This implies that customers are borrowing more money from their brokers to buy securities on margin.

by Dismal-Jellyfish https://www.finra.org/rules-guidance/key-topics/margin-accounts/margin-statistics Source: https://www.finra.org/sites/default/files/2021-03/margin-statistics.xlsx Wut mean?: According to FINRA Rule 4521(d), FINRA member firms with customer margin accounts must report by the last business day of each month: Total debit balances in securities margin accounts. Total free credit balances in all cash and securities margin accounts. Debit Balances in Customers’ Securities Margin Accounts increased: …

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Eurozone M2 money growth negative for first time; European banks flag bad loan risks

  OOPS! #Eurozone M2 money growth turned NEGATIVE for the first time in Eurozone history, in a promising sign for #inflation. M2 growth revised to -0.1% in May from initially +0.3%, and falls deeper into negative territory in June to -0.5%. pic.twitter.com/DSvBFl0Jz4 — Holger Zschaepitz (@Schuldensuehner) July 26, 2023 As the Global Economy Falters, European …

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Remember they told you Smart meters would save you money?… You’ll be controlled by your ability to pay!

CA skipped meters. Electric rates are based on income. Did you ever think a utility company would be forced to base utility costs on income? https://t.co/jj6j9Egucn pic.twitter.com/eEmH9rEQn3 — PDD (@DeGirlDeBoy) July 26, 2023   Related: THEY WANT US TO FREEZE IN THE DARK:  LA Times says quiet part out loud: ‘Would an occasional blackout help solve …

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The velocity of money will only ramp up from here

by theSilverVigilante I didn’t even think they reported this anymore. Us M1 money stock. This is crazy. When covid hit the value was at Five Point something and it got crushed all the way down to one and currently sits at 1.376. They shut down small businesses and GDP Tanked 30%. Quarantined locked in your …

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BOJ policy divergence from global markets is a potential disaster, as hot money always returns home in global RISK OFF.

Anyone remember LTCM? We're facing 100 LTCMs at the same time. BOJ policy divergence from the rest of the world is a disaster waiting to happen. It doesn't matter whether they "tweak" policy next week. In global RISK OFF, the hot money always comes home. pic.twitter.com/Ydk6ApLQFR — Mac10 (@SuburbanDrone) July 21, 2023 Bulls, FYI. This …

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High interest rates drive inflows to money market funds, pressure banks; Falling inflation impacts earnings

High interest rates continue to cause rapid inflows to money market funds from bank deposits This should put pressure on banks causing them to maintain tight lending standards pic.twitter.com/wzZaFSQKjW — Bravos Research (@bravosresearch) July 19, 2023 Beware: Falling inflation is a major headwind to earnings, since the latter is calculated on a nominal basis pic.twitter.com/6pfHKixGLd …

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James Comer: Biden Crime Family Owned Over 20 Shell Companies to Hide Payments, Launder Money

via breitbart: The Biden family opened more than 20 shell companies to hide payments and launder money, House Oversight Committee Chair James Comer (R-KY) said Sunday. After reviewing Suspicious Activity Reports (SARs) at the Treasury and subpoenaing banks and individuals, Comer posted on Twitter that the Biden family created more than 20 entities to accept, forward, and …

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CMBS enters bargaining stage, liquidating assets, tidying balance sheets, industry stoicing; Bankcruptcy surge;M2 money supply is contracting at the deepest level EVER seen

For CMBS, it’s 2007 Right now is the bargaining stage for CRE—assets quietly being liquidated to meet redemptions, balance sheets tidying up, the industry stoically battening the hatches All trying not to panic Dry powder? Yes But there’s a storm on the horizon https://t.co/y6jVEw3C1k — Amy Nixon (@texasrunnerDFW) July 17, 2023 Fun Fact: Egg prices …

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Powell’d! Interest Expenses Soar At Big Banks As Fed Tightens Money (The Fed Is Playing A Game)

by confoundedinterest17 What screams may come! Actually, the aftermath of excessive monetary policies under Bernanke, Yellen and Powell are coming home to bit the big banks. Interest expenses at big US banks are rising much more quickly than interest income. Across the six largest US banks, interest expenses are set to climb to roughly $78.7 …

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2% inflation destroys 55% money value in 40 years.

So many think 2% inflation is fine. Here's what I'd love everyone to understand… In a 40 year working life:2% inflation destroys 55% of the value of your money.4% is 79% loss6% is 90% destruction THEFT! — Gary Brode (@Gary_Brode) July 11, 2023 Headline CPI set to tumble to 3.1% Y/Y in June from 4.0%, …

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Biden & exec. Order 14067. Legal gov. Surveillance, total control over money & silencing of opposition voices. (Jim Rickards, former C.I.A)

by Little Lost Biden & Exec. Order 14067 Soon your cash will be confiscated for will become worthless paper. The cash you have will be replaced by programmable digital tokens. Few outside the deep state recognize this move for what it really is. Every digital dollar will be programmed by the government, they will be …

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Cry For Argentina! Inflation At 114% And Sovereign Bond (8.23%) Priced At 37 (Covid-related M2 Money Growth = Inflation)

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 printing money. Argentina is still printing like mad. At 81% YoY! And inflation is growing …

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Bidenomics? US Bank Credit Growth Approaches Stall Speed (0.7% YoY) As M2 Money Growth Reverses Course, But Still Negative Growth At -4% YoY (Biden Contemplates Blocking The Sun To Prevent Global Warming!)

by confoundedinterest17 Bidenomics is based on massive Federal spending and massive Fed monetary stimulus. But like all stimulus, it wears off. Such is the case with bank lending as The Fed raises interest rates. US bank credit year-over-year (YoY) has stalled to a lowly 0.7% rate as M2 Money growth YoY increases slightly to -4%. …

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The Worst Housing Crash Of Our Lifetime Is About To Wipe Out All Of Your Money

https://www.youtube.com/watch?v=DhExI40n2_8 We’re already in the midst of a historic housing market crash that is shaping up to become the biggest since at least the 1940s. This downturn is going to affect all of us and have far-reaching repercussions for the US economy and financial markets. With home values plunging in recent months, the net worth …

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You know why they want to go digital? Because they can’t physically print money any faster.

I rarely mention the official debt (or the $200T real debt) because we owe it to ourselves, and have a printing press, or something, but I always want to know: 𝐖𝐡𝐞𝐫𝐞'𝐬 𝙤𝙪𝙧 𝐇𝐨𝐨𝐯𝐞𝐫 𝐃𝐚𝐦? What'd we get for this besides creating a record number of billionaires? pic.twitter.com/Wd6kaGJ2qF — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) March …

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Over 60% of Money Flowing Into Democrat Party Funding Group ActBlue Coming From CHINA – Rasmussen Reports

“ICYMI: New lawsuit expected to soon produce evidence that 60% of illegal election funding flowing into Democratic Party funding group @actblue is secretly from China. From OMG Media – https://twitter.com/Rasmussen_Poll/status/1673658581017669633?s=20” ICYMI: New lawsuit expected to soon produce evidence that 60% of illegal election funding flowing into Democratic Party funding group @actblue is secretly from China. …

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Fed Inferno! US M2 Money-Supply Growth Falls To Depression-Era Levels For Second Month In April (As M2 Money Velocity Remains Near Historic Lows)

by confoundedinterest17 It is truly a Fed Inferno! Money supply growth fell again in April from Jerome Powell And The Fed, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years.  April’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past …

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