Bank of Canada minutes on immediate rate hike: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.”

by Dismal-Jellyfish Source: https://www.bankofcanada.ca/2023/06/summary-governing-council-deliberations-fixed-announcement-date-june-7-2023/ Highlights: “the economy remained clearly in excess demand and that the rebalancing of supply and demand was likely to take longer than previously expected.” “members felt that enough data had accumulated to convince them that more restrictive policy was needed.” Growth of gross domestic product (GDP) …

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Professor Sachs criticizes US political system as plutocratic, with powerful lobbies dominating public policy, no public debate, and no deliberative democracy.

Listen to Professor Jeffrey Sachs's damning indictment of the US political system: "US politics is basically a plutocratic state where public policy has been taken over by several powerful lobbies, each one devoted to its specific area (…) Democrats and Republicans, by the… pic.twitter.com/kqExPiBuAT — COMBATE |🇵🇷 (@upholdreality) June 19, …

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Grassley Announces On Senate Floor The Foreign National Who Bribed Joe And Hunter Biden Has Insurance Policy: 17 Audio Recordings

🚨BREAKING: Senator Chuck Grassley says that the FD-1023 form says the foreign national who bribed Joe and Hunter Biden allegedly has 17 audio recordings of his conversations with them that were kept as an “insurance policy”. pic.twitter.com/0fkKJP6CuI — Benny Johnson (@bennyjohnson) June 12, 2023 🚨🚨🚨 Senator Chuck Grassley Announces On …

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Often at the mercy of the dollar, emerging countries are looking to insulate themselves from the US Federal Reserve policy by shifting to Gold

by BoatSurfer600   Often at the mercy of the dollar, emerging countries are looking to insulate themselves from the vagaries of U.S. Federal Reserve policy by shifting to gold—and away from the greenback. This shift in their currency reserves poses a distinct risk to Americans, who benefit from the willingness of other countries to swap their goods in exchange for …

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