No wonder there’s a speculative or*y in financial markets as well as reaccelerating inflation.

Paul Volcker says inflation is all about money supply good thing money supply is up $1 trillion in 7 months since Nov 1, 2023. No wonder there’s a speculative orgy in financial markets as well as reaccelerating inflation. pic.twitter.com/BHVqSX3Aht — The Punisher (of Wall ST) (@GregCrennan) May 22, 2024 pic.twitter.com/sQV3GffBuh — The Punisher (of Wall …

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‘I own 15,000 houses’: Robert Kiyosaki says there’s ‘nothing wrong’ with buying all the homes — except he uses debt to buy it and pay no taxes.

With elevated home prices these days, buying a house can be a significant challenge. But for “Rich Dad Poor Dad” author Robert Kiyosaki, it’s a breeze. During an interview with personal finance YouTuber Sharan Hegde, Kiyosaki revealed a staggering fact about his real estate portfolio. “I own 15,000 houses,” he stated. Hegde asked if Kiyosaki rents …

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There’s Not Enough Power for America’s High-Tech Ambitions…

ATLANTA—Bill Thomson needs power fast. The problem is that many of the other businesspeople racing into Georgia do too. Thomson heads marketing and product management at DC Blox, which in recent years built a string of data centers in midsize cities across the fast-growing Southeast. The company more recently set its sights on Atlanta—the would-be …

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New Jim Willie: ‘Gold’s The Safe Haven When There’s No Escaping The Debt Default!’ – Arcadia Economics

Jim Willie- ‘Gold’s The Safe Haven When There’s No Escaping The Debt Default’ With gold and #silver rallying while there’s been a selloff in the bond market, today Dr. Jim Willie checks in to share his view on what’s happening. Jim talks about how Japan is selling US treasuries, which has added to the pressure …

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There’s context but then there’s context-context.

Take them seriously and prepare appropriately. WOW. Instagram has labeled the video of Democrats calling for political v*olence as "Missing Context." It's literally on video in their own words… I'm sure their "independent fact-checkers" are totally impartial and not biased at all. Unlike Instagram, people on X can freely… pic.twitter.com/UHw4Wp84ip — Libs of TikTok (@libsoftiktok) …

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Karl Denninger: “No Sir, There Are No Rate Cuts — The market’s reaction to the Fed Rate decision is utterly insane. There’s no evidence for this in the Fed Statement or data.

View post on imgur.com by Karl Denninger 2024-03-21 07:00 No Sir, There Are No Rate Cuts The market’s reaction to the Fed Rate decision is utterly insane. Obviously the market thinks rate cuts are imminent. There’s no evidence for this in the Fed Statement or data. Specifically, the Fed strengthened its language on the job …

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A partial government shutdown is days away. There’s no agreement on federal funding yet.

Lawmakers leaving the meeting, which lasted about an hour, said it was worthwhile, even though it didn’t lead to any agreements that would avoid a partial government shutdown from beginning this weekend, or clear a Senate-passed package of aid to Ukraine, Israel and Taiwan. “It was a productive meeting on the government shutdown, we are …

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Federal Reserve’s latest masterpiece: a record $114 billion loss. And there’s still a trillion-plus in ‘unrealized’ losses waiting in the wings.

Fed reports its largest loss in history: $114 billion in a single year. That would be the third largest bankruptcy in American history. And there's still another trillion plus in "unrealized" losses. Who'll pay for it? You. And your children. pic.twitter.com/xKfKWDcG4K — Peter St Onge, Ph.D. (@profstonge) January 16, 2024 U.S. Banks are facing unrealized …

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Vivek Ramaswamy: ““They” are not going to let either Trump or Biden get anywhere near the finish line, wake up folks. There’s something ugly brewing & it’s staring us in the face.”

If you really think “they” are going to let either Trump or Biden get anywhere near the finish line, wake up folks. There’s something ugly brewing & it’s staring us in the face. pic.twitter.com/p9G5QcSN6U — Vivek Ramaswamy (@VivekGRamaswamy) December 23, 2023

Legendary Comic Book Writer Mark Millar: “I think there’s an excellent chance Marvel and DC collapse in the next couple of years.”

View post on imgur.com https://twitter.com/_/status/1734210761428173030 We'll talk about this tomorrow night on the livestream. I think there's an excellent chance they both collapse in the next couple of years and the books stripped down to a handful of titles, their brand names licensed out like Disney comics. But I always have hope! https://t.co/OdGPmO9lVv — Millarworld …

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“I served in the IDF 25 years ago in the intelligence forces.. there’s no way, in my view, that Israel did not know what’s coming…

.@efenigson: “I served in the IDF 25 years ago in the intelligence forces.. there’s no way, in my view, that Israel did not know what’s coming…Something is very wrong here”pic.twitter.com/iewZWnU66n — أبو عمّار (@MaajidNawaz) October 8, 2023 ex-IDF soldier explains that the events that took place today are impossible. She was a boarder observer with …

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There’s Little Difference Between Legal and Illegal Immigration

by Chris Black Illegal immigrants no longer ‘live in the shadows’ of American society, even in states where they were not previously welcome. The American state has been using a little know mechanism called “parole authority” to legalize illegal immigrants en masse. (https://www.cbsnews.com/news/immigration-parole-migrants-us-expansion-biden/) More than 541,000 illegals have been made legal residents of the United …

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‘There’s your September Lehman Brothers’

“Charles Schwab owes 130% of their total equity capital to short duration FHLB loans that have to be paid back soon. Total assets $350 billion… There’s your September Lehman Brothers.” Charles Schwab 📉 Probably nothing…pic.twitter.com/Bgn5i8uUHC https://t.co/S94qKp1SJV — Financelot (@FinanceLancelot) August 21, 2023 BREAKING: Charles Schwab to cut jobs, close and downsize some corporate offices, with …

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There’s a reason media outlets are deleting their comments sections: too much truthiness

As usual with @WSJ or @FT, the comments are better than the article. cc @jasonfurman https://t.co/Gbl4FfSaXu pic.twitter.com/gDndHJOb1k — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) August 21, 2023 Raising the inflation target is literally the worst possible thing they could do at this juncture. If they unanchored inflation expectations… long-end comes through like a wrecking ball… …

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Once you hit this credit score, ‘there’s no benefit to scoring higher,’ says expert: ‘It’s just bragging rights’

It is mid 700 While having a perfect 850 credit score is impressive, you don’t necessarily need it to unlock the best benefits. “Typically, once you hit the mid-700s, you’re considered to have excellent credit and there’s no practical benefit to scoring any higher,” says Ted Rossman, Bankrate’s senior industry analyst. “It’s just bragging rights …

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Liquidity Fairy Alert! Bank Term Funding Program usage UP AGAIN (.4% to $107.242B vs $106.864B 8/9), marking the 11th consecutive week over $100B. This looks more and more like there’s an over-reliance on Fed Funding–growing faster than inflation ‘should be,’ I believe the BTFP is a moral hazard!

by Dismal-Jellyfish Borrowing from the Bank Term Funding Program hit a NEW all time high–the 11th consecutive week above $100 billion! What we are monitoring: Bank Term Funding Program (BTFP) Discount Window/Primary Credit “Other Credit Extensions” I hope to shed light on the recent uptick in borrowing due to an attempt to offset the initial …

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There’s a bigger theft going on…

But wait there's a bigger theft going on pic.twitter.com/2uKoqGdYw1 — Darth Powell (@VladTheInflator) August 1, 2023 BREAKING: The average entry-level home in the US has hit a record $243,000. — unusual_whales (@unusual_whales) August 1, 2023

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