On Wire

Breaking news, updates, and reports on current events.

Jason Burack: Moving The Goalposts – Fed Changes More Definitions Including Money Supply To Hide Inflation

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Wall St. For Main St., Released on 3/6/21 The goalposts were just moved…again by the Fed? Recently, Fed Chairman Jerome Powell testified before CONgress that money supply growth no longer was inflationary. Fed Chair Jerome Powell says money printing doesn’t lead to inflation https://www.kitco.com/news/2021-02-24…​ However, this directly conflicts with the November 2010 Washington Post Op-Ed from … Read more

Greg Weldon: the return of irrational exuberance!

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Gregory Weldon, Released on 3/5/21 Preview Friday’s WeldonLIVE … a follow up to Wednesday’s “It’s a Mad, Mad, Mad, Mad World” … called “Tom Brady and the Waitress” … in which Greg lays out a number of new developments that feed into the bigger picture theme linked to the five-decade long debt/credit bubble, fueled by … Read more

Why Hydrogen Needs Nuclear Power To Succeed

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By Alan Mammoser For carbon-free hydrogen to play a significant role in decarbonization, it will need to be produced in large quantities at low cost to compete with hydrocarbons. In a future power system heavily dependent on intermittent renewables, hydrogen will likely find economical use in power storage for grid balancing. However, for an actual ‘hydrogen … Read more

This is why police are always on edge

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https://twitter.com/ElijahSchaffer/status/1368321842461609984 NYPD bodycam shows domestic violence suspect ambushing officers in Queens 2 NYPD officers shot in Queens suffered non-life threatening injuries “This video is chilling and difficult to watch, but it makes one thing clear: Police Officers Wells and Murphy saved lives,” PBA President Patrick Lynch said. “They saved the lives of that domestic violence … Read more

CENTRAL BANK OF JAMAICA explains how to keep inflation low to an argentinian. true story

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Hola. Gracias. Just like any other central bank – we do so by controlling money supply, mostly via interest rate adjustments, and managing public expectations by being transparent and communicating proactively about inflation. https://t.co/bi11SRm0RP — Bank of Jamaica (@CentralBankJA) March 2, 2021 It hit mainstream media here in Argentina: https://www.cronista.com/economia-politica/el-banco-central-de-jamaica-le-explico-a-un-argentino-como-tener-inflacion-0-es-viral/   SS

Buy the dips is the battle cry of retail army: Since market peaked recently, retail traders have plowed cash into US stocks at a rate 40% higher than they did in 2020, which was record year.

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Buy the dips is the battle cry of retail army: Since mkt peaked recently, retail traders have plowed cash into US stocks at a rate 40% higher than they did in 2020, which was record year. Retail investors snapped up an avg of $6.6bn in US stocks each week. https://t.co/VK3UBDkrJN pic.twitter.com/n1LTjyDEq4 — Holger Zschaepitz (@Schuldensuehner) … Read more

Everything Bubble is Reaching a Limit – David Morgan

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Precious metals expert and financial writer David Morgan says the entire world is printing huge amounts of money, and nobody ever plans on paying any of it back. It’s all going into the so-called “Everything Bubble” that gets stretched a little more each and every day. With another $1.9 trillion Corona stimulus package that just … Read more