Producer Price Index Final Demand Hits All-time High Of 16.8% YoY! Consumer Purchasing Power Hits All-time Low

by confoundedinterest17 Students, go to Fred and type in PPI Final Demand. Create a chart and choose Change From Year Ago. What you will find is that the PPI Final Demand is up 16.8% in May since the same month last year. Consumer purchasing power keeps declining since the creation of The Federal Reserve System in … Read more

Biden Administration hasn’t left damage control mode since they signed on.

THERE HE GOES AGAIN: White House walks back Biden’s Russia cybercriminal swap comments. President Joe Biden reportedly gave an impressively off-the-cuff response to a reporter’s question at the G7 summit’s conclusion over the weekend. When asked yesterday about Russian President Vladimir Putin’s recent offer to swap respective countries’ cybercriminals, Uncle Joe said he was “open” to … Read more

Boris Johnson insists to Joe Biden that he already introduced the president of South Africa to a G7 meeting.

Boris Johnson insists to Joe Biden that he already introduced the president of South Africa to a G7 meeting. Read the latest from the G7 here: https://t.co/LLt2KjJhOE pic.twitter.com/mjwKvbvDo6 — Sky News (@SkyNews) June 13, 2021 Walking disaster pic.twitter.com/psVp9AyROn — Jack Posobiec (@JackPosobiec) June 13, 2021 WATCH: America’s cognitively compromised President confuses Syria with Libya THREE … Read more

IRS Now Sending Millions More Additional Stimulus Checks

The IRS said it is continuing to distribute federal stimulus checks to eligible Americans, with another 2.3 million payments issued on last week. Some of those payments include “plus-up” adjustments for people who received less money than they were entitled to in earlier checks. The latest round of payments is part of the Biden administration’s … Read more

Technically Speaking: Slowly At First, Then All At Once

by Lance Roberts Bull markets always seem to end the same – slowly at first, then all at once. My recent discussion on why March 2020 was a “correction” and not a “bear market” sparked much debate over the somewhat arbitrary 20% rule. “Price is nothing more than a reflection of the ‘psychology’ of market participants. A potential mistake … Read more

Hunter Biden’s Artwork to Go on Sale — for Up to Half a Million $$ Per Painting!

President Joe Biden’s scandal-plagued son Hunter Biden is reportedly now engaged as a “full-time artist” and is working with Soho art dealer Georges Bergès to hold an exhibition in New York in the coming months, with prices for Hunter’s artwork ranging from $75,000 to $500,000, according to Artnet. Amid years of scandal, the 51-year-old Hunter Biden is apparently now “laying low” … Read more

Inflation Soars 5%! Will Gold Skyrocket?

by Arkadiusz Sieron, PhD With the CPI annual inflation rate spiking 5% in May, gold could have gained a lot in response. However, it rallied only $20. Should we prepare for more? Whoa! Inflation soared 5% in May – quite a lot for a nonexistent (or transitory) phenomenon! But let’s start from the beginning. The CPI … Read more

Michael “Big Short” Burry: This Is The Greatest Bubble Of All Time In All Things “By Two Orders Of Magnitude”

Via ZeroHedge Earlier this year, none other than Michael ‘Big Short’ Burry confirmed BofA’s greatest fears, as he picked up on the theme of Weimar Germany and specifically its hyperinflation, as the blueprint for what comes next in a lengthy tweetstorm cribbing generously from Parsson’s seminal work, warning that: “The US government is inviting inflation with its MMT-tinged policies. … Read more

San Francisco Walgreens: VIDEO shows BRAZEN man fill garbage bag with items, takes off – Security Filming and do NOTHING

Walgreens has closed 17 stores in SF because of theft from YO-YO-YOs… Brazen…kinda funny…wtf is happening?? https://www.foxnews.com/us/san-francisco-walgreens-video-shows-man-fill-garbage-bag-with-items-takes-off “A video emerged on social media on Monday that showed a man on a bicycle fill up a garbage bag with items inside a San Francisco Walgreens and leave the store without being stopped.” This just happened at … Read more

It Gets Ugly: Dollar’s Purchasing Power Plunged at Fastest Pace since 1982 And It Won’t Bounce Back

https://www.youtube.com/watch?v=J_J-nwO2qNc The purchasing power of every dollar in circulation is sharply collapsing right now, and experts are warning that lost value won’t bounce back even if economic conditions improve. The decay of our currency is actually a lot more acute than it appears. Americans are already realizing their dollars don’t buy nearly as much as … Read more

Biden Chickens Out, Cancels Press Conference with Vladimir Putin – His Reason Why is Pathetic

https://www.youtube.com/watch?v=4kvDTeS9Cmw Chris Donaldson from Trending Politics reports, For all of his tough talk about the upcoming meeting with Russian President Vladimir Putin, Joe Biden isn’t going to back up his bravado by participating in the traditional joint press appearance between the leaders of the two nuclear powerhouses. Read More/Source/Credit/FairUse: https://trendingpolitics.com/coward-b…

House bills taking on big tech monopolies

https://www.youtube.com/watch?v=m_ZUHNjTi-w Lawmakers have introduced five new bills that could see the biggest break up of Big Tech. The bills aim to usher in sweeping changes in the way tech companies such as Google, Apple and Amazon run their platforms, and how monopoly regulations are enforced. Boom Bust Co-Host Ben Swann joins In Question with the … Read more