Awaiting The Final Flush

by David Brady via Sprott Money Powell’s key remarks from Wednesday’s FOMC: “If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases may soon be warranted.” – Source “Powell: Fed Could ‘Easily’ Start Taper at November …

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The surprise outbreak of the global energy crisis and bursting bubbles in China imply that for too long the fact checkers have been talking through their hats.

The surprise outbreak of the global energy crisis and bursting bubbles in China imply that for too long the fact checkers have been talking through their hats. — wretchardthecat (@wretchardthecat) September 28, 2021 https://twitter.com/RetirementRight/status/1442690549337579521 https://twitter.com/NorthmanTrader/status/1442799597450039302 U.S. 5-year bond yields climb …

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Sorry, Fed, Inflation is Already Embedded

by Charles Hugh-Smith The Fed and its minions are about to get what they so richly deserve: the full blame for the coming catastrophe. The key justification for the Federal Reserve’s zero-interest rate policy is that inflation is transitory. Sorry, Fed, …

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