No Good Solutions Left for Central Banks

By Egon von Greyerz In this brief interview with Wall Street Silver’s Jim Lewis and Ivan Baroukhi, Matterhorn Asset Management principal Matthew Piepenburg discusses the trap which central banks have set for themselves and the longer-term implications this will have on inflation …

READ MORE

The Core? Flexible Price Inflation Rises To 18.74% While Core Inflation Plunges To 8.40%, “Fats” Waller Backing 75 Basis Point Hike (30Y Mortgage Rate Rises To 5.83%)

by confoundedinterest17 As Americans are painfully aware, inflation is the highest in 40 years prompting The Federal Reserve to remove the massive punch bowl. In fact, Federal Reserve Governor Christopher “Fats” Waller backed raising rates by 75 basis points this month. How hot …

READ MORE

This is what asset deflation looks like… The economy is melting down fast!

https://twitter.com/MFHoz/status/1547577863368425475 https://twitter.com/MFHoz/status/1547873218052050950 https://twitter.com/MFHoz/status/1547295051977555970 https://twitter.com/MFHoz/status/1547315706458505218 Republican economic expectations lowest on record. Democrat expectations lowest under Biden's presidency pic.twitter.com/Zdl6HSfCyH — zerohedge (@zerohedge) July 15, 2022 Consumer participation is declining in both real and now nominal terms, at least per $WFC's credit card …

READ MORE

[China in July] Having witnessed first-hand how the subprime mortgage crisis dragged down the Lehman Brothers and threatened the entire industry, this environment is starting to feel eerily similar.

It is spreading like wildfire. Homebuyers in China are refusing to pay the mortgage on properties they’ve bought but that their financially strapped developers can’t finish. Some say that they will only resume payments when construction restarts. The protest involved …

READ MORE

All these guys are completely clueless…

All these guys are completely clueless pic.twitter.com/9TUYJJlkPU — zerohedge (@zerohedge) July 14, 2022 Maybe it's time to retire. pic.twitter.com/ypeb7uB2sD — Sven Henrich (@NorthmanTrader) July 14, 2022 pic.twitter.com/HvZ8FVoEhC — RNC Research (@RNCResearch) July 14, 2022 RECESSION MOVES CLOSER 👇👇👇 pic.twitter.com/R8mgXqe2UN — …

READ MORE

CLOWN WORLD: Today’s blacklisted American: University of California discriminates against everyone but American Indians.

“Segregation today, segregation tomorrow, segregation forever!” The University of California has now joined with the University of Arizona in deciding that American Indians should be afforded special favored treatment above all other races and will therefore no longer have to pay tuition. From the announcement …

READ MORE

Italy happenings: Taxi drivers protest in Rome, citizens storm mayor’s office, small farmers convoy has formed, and Italians celebrated news that the PM has resigned (July 14, 2022)

https://youtu.be/rrMB-2h8i4g Short video of protests today in Italy. Citizens stormed a mayors office voicing complaints about not having bread/food. A small farmers convoy formed to show support for the Dutch farmers. And a massive crowd of Italians celebrated the news …

READ MORE

BLOOMBERG: “Fuel Price Freeze Fails to Halt Panama Anti-Inflation Protests; Demonstrators have blocked major highways and access to ports”

View post on imgur.com https://www.bloomberg.com/news/articles/2022-07-13/fuel-price-freeze-fails-to-halt-panama-anti-inflation-protests Inflation Protests, Strikes In Panama Grow Larger Despite Gas Price Cap https://t.co/UAOOzyLUl1 — zerohedge (@zerohedge) July 14, 2022 Hundreds protest in Panama against rising fuel prices and corruption : Demonstrations against fuel price hikes and …

READ MORE