On Wire

Family Dollar was forced to recall various products after the FDA finds rodents, excrement, urine, and more during an inspection of a distribution facility https://t.co/KrXe8NfDyd — TheBlaze (@theblaze) February 19, 2022 https://twitter.com/Breaking911/status/1494411402341195782

by LNscale According to the official tapering schedule, the FED was supposed to reduce monthly asset purchases by $15B in Nov, then by $30 in Dec and after. This should have reduced purchases down to a rate of about $30B/month by now. Check out the balance sheet (weekly numbers were just updated): Total assets of … Read more

by GushingGranny1 QE will continue until their March 15-16 meeting. A couple of members expressed their desire to end asset purchases ahead of schedule to send a strong message that the Federal Reserve is ready to combat inflation but the idea is not shared among the vast majority of members. They will use interest rate … Read more

Here it is… pic.twitter.com/K20UaL2FKW — Lucian Scott 🇨🇦 (@ScottLucian) February 19, 2022 I find it interesting that this was even brought up in Parliament…impressive. This article was also released today which I find interesting. Could the tides be turning?  

China is using a coordinated network of inauthentic social media accounts to shape public opinion surrounding the Beijing Winter Olympics, according to an investigation by The New York Times and ProPublica. The country deployed over 3,000 fake Twitter accounts to spread messages aimed to engender positive opinion of the Winter Olympics, including sharing Chinese state … Read more

by Frank Shostak via Mises In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal income includes wages and salaries, transfer payments, income from interest and dividends, and … Read more

Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk, and electricity. The governors of Maine and Kentucky this week joined a sweeping number of states — including Illinois, California, Massachusetts, Florida, Alabama, … Read more

Public domain photo by Jim Hudgins/USFWS From Birch Gold Group Since the 2008 financial crisis, loose monetary policy with near zero rates and QE have been the primary interventions used by the Fed. Of course, there were brief stints of tightening, but as you can see on the chart below, overall Fed monetary policy has already cost … Read more

by laflammaster    

Cryptocurrency companies just spent millions of dollars on Super Bowl ads. What’s harder to say is how much crypto investors spent on game day. Vast wealth has been created in cryptocurrencies, which globally now have a value of nearly $2 trillion, according to CoinMarketCap. While that pales in comparison to many other asset classes, it … Read more