Stimulypto! Red-Hot US Inflation Of 6.2% Implies That Fed Funds Target Rate Should Be … 14.94%! (11.10% If We Use Core Inflation)

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by confoundedinterest17 How insanely overstimulated in the US economy by The Federal Reserve? Today’s red-hot inflation report of 6.2% YoY implies a Fed Funds Target rate of … 14.94%!! According to the Taylor Rule model, The Fed Funds Target rate should be almost 15%. If we use CORE inflation (that is, CPI less food and energy), … Read more

It’s Officially the Biggest Bubble of All Time… When Does It Burst?

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by The Phoenix The market is on THIN ice. This is the single largest stock market bubble in history. It’s larger than the Tech Bubble in multiple metrics including: Market cap/ GDP (Warren Buffett’s favorite metric). Options trading volume (a sign of speculation). As Bill King has noted, this is BIBLICAL levels of speculation. Tesla (TSLA) … Read more

Governor DeSantis: Illegal Alien Who Posed as Minor & Allegedly Murdered Father-Of-Four ‘Was on One of Biden’s Midnight Flights’

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Florida Governor Ron DeSantis asserted on Monday night that an illegal alien accused of murdering a father-of-four in his state was flown into the state on a flight facilitated by President Joe Biden’s administration. “And that individual, who was murdered, was, in fact, murdered by an illegal alien who was on one of Biden’s flights, … Read more

Twitter trying to honey pot people into commenting on things that may portray violence?

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Never seen this on twitter before, ever. I’m looking at my feed and out of nowhere one random post has a twitter embedded text saying “You can reply to this conversation”. Out of 1000’s of tweets in my feed it’s the only one with that message embedded. Tweet says “Until you do something about 2020, midterms don’t … Read more

So, how will Biden’s $1.7T Build Back Better plan be ‘fully paid for’?: Democrats could DROP the $80billion IRS enforcement investment to track American bank accounts to get bill through the Senate

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Moderate Dems said they’ll vote for the bill when they know how it’s paid for The White House claims the $80B would’ve generated $400B over 10 years  Because Congressional Budget Office guidelines say it can’t include money going out as money coming in during calculations, it may not be included But that would also leave … Read more

Putin sends NUCLEAR BOMBERS over Belarus to signal support for Lukashenko

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Vladimir Putin has sent nuclear bombers over the skies of Belarus as migrants on the Polish border try to flee towards Britain and escape alleged beatings from Alexander Lukashenko’s soldiers. Two supersonic Tu-22M3 bombers performed ‘tasks of combat alert for air defence’ in support of the Belarus leader, the Russian defence ministry said in response … Read more

What’s Up With Athletes Dying?

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by Chris Black I remember a tragedy fifteen years ago when a young 13 year old kid suddenly collapsed while playing baseball. His autopsy found that he had an undiagnosed hole in his heart. This kind of thing happens, but it is rare. A few cases every few years.  In Europe, they stopped counting athletes … Read more

THIS… this right here makes me SICK to my stomach.

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by Chris Black View this post on Instagram A post shared by Alice Ham (@hammyalice) https://www.instagram.com/tv/CWBrtHNlZ0Q/?utm_medium=copy_link This moms kid got sucker punched by a black student and she thinks it’s about “youth sports.” This just happened at another kids basketball game, and happens who knows how often.  It’s not about sports at all.

Seattle schools are cancelling classes due to staffing shortages

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https://twitter.com/libsoftiktok/status/1458296136490385412 As part of our effort to ensure the highest quality environment for student learning, all Seattle Public Schools will be closed Friday, Nov. 12. There will be no in-person or remote instruction. Schools will close on Thursday in honor of Veterans Day. https://t.co/WBpLhz43pU pic.twitter.com/tQzx4NNPzh — Seattle Public Schools (@SeaPubSchools) November 9, 2021  

The irony of economics is that inflation expectations are always highest at the end of the cycle… The similarities to 2008 keep piling up!

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The irony of economics is that inflation expectations are always highest at the end of the cycle. But when the cycle ends they collapse along with asset values. You can play that game if you are fast. But if you remain in the casino too long, you end up the bagholder. Again. pic.twitter.com/zU6hqOudyP — Mac10 … Read more