IWB 
by Martin Armstrong Walgreens announced that it has begun to ration baby formula amid the supply chain crisis. The rule will go into effect for all 9,021 locations. Customers may only purchase three infant and toddler formulas per visit due to “increased …
by Martin Armstrong The supply chain issues across the world are continually worsening due to government mismanagement. It seems as if there are sinister intentions at play, as these new restrictions seem to be a deliberate attempt to destroy the global …
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of …
https://twitter.com/brad_polumbo/status/1514563642812940297 SPOILER: WE’LL GET BOTH. White House Expects More Inflation, Not Recession. It was Summers, a former Treasury secretary under President Clinton and later a senior economic adviser to President Obama, who warned the White House for months last year that, …
Pretty awkward Reuters poll for the BoJ. "76% of firms said can't tolerate yen weakness at current levels." Kuroda to the Diet three weeks ago: "There's no change now to my view a weak yen is generally positive for Japan's …
https://twitter.com/TonyNashNerd/status/1514330661968044034
The reported policy shift comes along with a package of heavier American weapons for Kiev (RT) As the US ramped up its involvement in the Ukrainian crisis by supplying heavier weapons to Kiev, it also decided to provide intelligence reports …
The arrival of a USS Georgia submarine in the port of Gibraltar has sparked a diplomatic row between Spain and the US. The Spanish Foreign Ministry has confirmed that it has lodged an official protest with the US. The reasons …
Faced with critically low forex reserves, Sri Lanka on Tuesday announced that the crisis-stricken country will default on its external debt pending a bailout package from the International Monetary Fund. A statement from the finance ministry said, “it shall be …
Sina Estavi is a “crypto entrepreneur,” who last year bought a digital token representing Twitter founder Jack Dorsey’s first ever tweet. He paid $2.9 million for it, and this month sought to make good on his “investment,” putting it up for auction …
by TheHiveminder
Former Reagan economic adviser sizes up the state of record inflation on ‘Kudlow.’ h/t CharlieFoxtrot
Part of the rise in retail sales is simply due to higher prices as inflation-adjusted sales peaked last April. But real retail sales are still 15% higher than pre-covid levels. So demand remains strong irrespective of inflation. pic.twitter.com/Eh7HoDMrl4 — Charlie …
$2,121,987,000,000: Federal Tax Collections Set Record Through March (CNSNews.com) – The federal government collected a record $2,121,987,000,000 in total taxes through the first six months of fiscal 2022 (October through March), according to the Monthly Treasury Statement. This also marked the …
by ZiRoRi Sources: I made an offer https://t.co/VvreuPMeLu — Elon Musk (@elonmusk) April 14, 2022 Link to Tweet Link to Bloomberg Link to full SEC 13D ELON MUSK SAYS ON APRIL 13, 2022, DELIVERED A LETTER TO TWITTER THAT CONTAINED A NON-BINDING PROPOSAL …
by Chris Black We were circling for a while. During that time, you think there might be a way to escape the whirlpool heading down. However, going down the drain was always inevitable. We are witnessing the death of commerce …
by Jim Quinn The fuckers at Google banned me over eight years ago, but they still send me emails as if I’m still allowed to use their Google Adsense ads. I received this Orwellian Big Brother email today. Basically, they …
by Craig Hemke via Sprott Money News Last week, a former high-ranking Fed official disclosed that the Fed is determined to “break” the stock market. If they succeed in this, the impacts will be felt across all markets, so maybe we should take …
California legislators proposed a new bill that would allow employees of bigger companies to work fewer hours in a week without losing any income, which critics said would become a “job killer.” Assembly Bill 2932, introduced by Assembly Members Cristina …
Via International Man International Man: Interest rates are simply the price of money. They have an enormous impact on banks, the real estate market, and the auto industry. It’s hard to think of a business that interest rates don’t affect in …
by shangumdee Although I own a fair amount crypto currency, I don’t see how digital currencies with arbitrary values are going to give us a an alternative to Fiat. As we are seeing, governments are creating their own digital currencies. …
A non-fungible token (NFT) of Twitter founder Jack Dorsey’s first-ever tweet could sell for just under $280. The current owner of the NFT listed it for $48 million last week. Iranian-born crypto entrepreneur Sina Estavi purchased the NFT for $2.9 …
by rb109544 PPI flows down to CPI over about 3-6 months…supply chain worsens every day. Inflation hasn’t peaked and won’t until CPI catches PPI more or less. Look at far right on plots! For the past 15 months, producer prices have …
https://twitter.com/WallStreetSilv/status/1514414991021125634 China’s lockdowns could trigger a logistics snarl that may ‘dwarf’ 2020 and 2021 Many goods are stuck in China at the moment and a “big problem looms” for the global economy, says IMA Asia’s Richard Martin. In the last …
by WheeeeeThePeople Lots to unpack here with plenty of fodder for both sides of the ideological spectrum. My interest is what is the justification for taxing the public when there is a major schism in the trust for NPR/PBS? (Public …
by Charles Hugh-Smith Most people would be horrified by a 40% decline in their “investments.” When bubbles pop, speculative assets don’t drop 40%, they drop 90% or even 98%. The irony of the sudden panic about real-world inflation generated by …
Patrisse Cullors, the Black Lives Matter co-founder who cashed out and got millions of dollars in media contracts, says that the recent scrutiny of BLM’s “charitable” finances upsets her. Black Lives Matter is embroiled in several scandals involving the $90 …
