Welcome Back to the 1970’s “Transitory” Inflation with Dr. Michael Busler

from Kerry Lutz’s Financial Survival Network Dr. Michael Busler returns to the program… The 1970’s are back, complete with inflation, gas lines, and presidential fiddling. Inflation in April accelerated at its fastest pace in more than 12 years as the U.S. economic recovery kicked into gear and energy prices jumped higher, the Labor Department reported Wednesday. The … Read more

China and its house price problem

by Shaun Richards This morning brought us up to date on an issue which has been concerning the Chinese authorities. It is the issue of inflation but not the more recent producer price one but the much more long-running issue of house prices. As 2021 has developed China has shown more signs of concern over … Read more

The Real Estate Boom in Vegas Is More Frenzied Than Ever

by Doug French via Mises Summerlin, the suburb of west Las Vegas creeping ever closer to the mountains, looks to be crowded with fully paved streets, streetlights, block walls, and blue top lots. With lumber, labor, and other materials in short supply, home construction can’t keep up. However, Ali Wolf, chief economist with Zonda, quoted by CNBC, claims, “The … Read more

THE FCC STANDS UP FOR FREE SPEECH AND AGAINST DEMOCRATIC CENSORSHIP EFFORTS:

FCC Commissioner Brendan Carr issued the following statement in response: “The State’s Attorney’s Office, led by Democrat Marilyn Mosby, has launched a chilling and direct attack on free speech and journalistic freedom. The complaint her office filed with the FCC asks the Commission to censor a newsroom simply because journalists are doing their constitutionally protected … Read more

Government(s) employing Internet Trolls, Shills & PR Agents to ‘correct misinformation – video was made in 2011

The video is ten years old, but the extent and magnitude of what’s going on is still mostly unknown to the general public, and you’re labelled a conspiracy theorist for pointing it out. These individuals are similar to infomercial actors who are paid to imitate ordinary users in order to influence your views or opinions … Read more

Investors are estimated to have lost $930 million on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days

LONDON (Reuters) – Investors are estimated to have lost $930 million on their short positions in meme stocks GameStop and AMC Entertainment over the last five trading days, data from financial analytics firm Ortex showed on Tuesday. https://finance.yahoo.com/news/gamestop-amc-short-sellers-sit-110554197.html

CULTURE OF CORRUPTION: Rep Ayana Pressley Postpones Financial Disclosure Amid Questions About Real Estate Dealings.

Rep. Ayanna Pressley (D., Mass.) postponed filing her 2020 financial disclosure as the liberal congresswoman faced questions about whether she made money as a landlord during the coronavirus pandemic. Pressley moved to extend her filing deadline by 90 days on April 26, just one week after the Washington Free Beacon reported that she collected up to $15,000 in rental income … Read more

Economic Implosion: JEEP to cut half its workface at Illinois plants

Stellantis NV is cutting almost 1,700 jobs at its Jeep Cherokee plant in Illinois, the transatlantic automaker said Friday, the latest example of how the global semiconductor shortage is affecting the industry with lasting implications. The automaker is reducing shifts at Belvidere Assembly Plant from two to one by July 26. The move, which seeks to “balance sales … Read more

Pentagon uses world’s largest ‘secret army’ of 60,000 undercover operatives to carry out ‘domestic & foreign’ operations – media

The US military operates a vast network of soldiers, civilians, and contractors that it uses for clandestine missions both at home and abroad, Newsweek has claimed, adding that the force also manipulates social media. After a two-year investigation, the outlet reported that the undercover army consists of around 60,000 people, many of whom use fake … Read more

California Governor Pitches $11 Billion Infrastructure Plan

Watch the latest video at foxbusiness.com Forbes Media chairman reacts to the president’s plan to offset his proposed $2.3 trillion package on ‘Fox Business Tonight’ California Gov. Gavin Newsom has proposed spending an additional $11 billion on transportation improvements in the state, including $4.2 billion to complete construction on the first portion of a high-speed … Read more

Companies Suddenly Face an “Everything” Shortage

(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand … Read more