Economists say higher prices are here to stay

Transitory inflation talk is back. But economists say higher prices are here to stay https://t.co/TfhqKQRjOG — Daniel Lacalle (@dlacalle_IA) November 30, 2022 Good Morning from #Germany, where supermarket prices keep rising. German Food CPI jumped 21% YoY in Nov, the highest food price #inflation since the start of the statistic & way higher than in … Read more

Affordable housing is a thing of the past as long as the criminal private banking cartel called the Fed controls our money issuance

There hasn't been a single substantive question about the unprecedented increase in the money supply at any FOMC press conference in the last few years. An abject failure of the mainstream financial media in ignoring one of the most import drivers of the inflationary spike. — Charlie Bilello (@charliebilello) November 29, 2022 h/t Boo_Randy

Federal Reserve Alert! Federal Reserve Board announces annual indexing of reserve requirement exemption amount and low reserve tranche for 2023. To be set at $36.1 million, up from $32.4 million in 2022, and the low reserve tranche will be set at $691.7 million, up from $640.6 million in 2022.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20221129a1.pdf The Federal Reserve announced the annual indexing of the reserve requirement exemption amount and the low reserve tranche for 2023. The annual indexation and publication of these amounts are required by law and does not indicate a change in depository institutions’ reserve requirements, which will remain zero. If reserve requirement ratios were not … Read more

Chinese analyst sees $AAPL iPhone 14 Pro demand “wiped out” in 4Q 2022

Apple analyst Ming-Chi Kuo (TF International Securities) is out today with some new predictions on iPhone 14 Pro sales numbers. According to Kuo, Apple Inc’s “shipments in December are still significantly lower than expected.” Based on developments in China, here’s what Kuo predicts : The production of the Zhengzhou iPhone factory was significantly affected by … Read more

Kanye Storms Out Of Tim Pool Interview

by Chris Black On Monday, Ye appeared with Nick and Milo on Tim Pool’s podcast, “The Timcast.” The interview was cut shot very early on after Tim Pool kept doing the “pushing back” bullshit. Ye said he wasn’t going to do another Lex Fridman humiliation ritual, and he got up and walked out. Pool continued … Read more

UK: New Ethnic Displacement Statistics Just Dropped

by Chris Black “The percentage of the population in all high-level ethnic groups, excluding “White”, has increased since 2011.” England is ~20% non-White and only ~75% indigenous British. In 2001, England was ~90% British. London is now 35% British, down from 45% in 2011. Also worth noting that illegal immigrants aren’t counted, so the situation … Read more

African Immigrants Rioting and Burning Down Europe Because They Beat Belgium in a Soccer Game

by Chris Black Apparently, European mainstream media is claiming that Belgians are responsible. As we speak Moroccan migrants are rioting and setting cities on fire all over Europe because they won a football game against Belgium. Mind you, these men are 3rd/4th generation migrants. Integration does not happen over time: the problem just gets worse.pic.twitter.com/0lqp4mebGN … Read more