The never ending propaganda.

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https://t.co/AZGVuglslF — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) July 8, 2021 Media trying to cover for govt and brainwashing people into believing the they will get higher salaries due to inflation. In a decade, we might have a group of population who probably will root for inflation.   h/t CoeurDeLion-Sag

U.K. supermarkets using cardboard cutouts to hide gaps left by supply issues

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U.K. supermarkets are using cardboard cutouts of fruit, vegetables and other groceries to fill gaps on shelves because supply problems combined with a shift towards smaller product ranges mean many stores are now too big. Tesco has begun using pictures of asparagus, carrots, oranges and grapes in its fresh produce aisles, prompting ridicule on social … Read more

China Strikes At Weak Joe Biden

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Chinese state media blasted the administration of President Joe Biden amid tensions related to Taiwan, saying the current U. S. government is the “most incapable and degenerate in the country’s history.” China claims Taiwan as part of its nation under the “one country, two systems” policy. But Taiwan has maintained its independence and autonomy for … Read more

Yellen proposes a tax on unrealized capital gains. That means you could lose your house

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U.S. Treasury Secretary Yellen proposes a tax on unrealized capital gains to finance Biden’s “Build Back Better” plans https://twitter.com/disclosetv/status/1452422986015944711 An “unrealized gain” is when something you own gains value, but you don’t sell it, like your house or your retirement fund. So when there’s inflation and it goes up in value, you’ll probably have to … Read more

New Proof that Civil Forfeiture is Targeted at People Who Can’t Fight Back

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Philly cops and prosecutors ran an abusive civil forfeiture machine for years. Now, a new Institute for Justice study reveals more about the victims of policing for profit. One survey respondent even had his crutches seized: https://www.forbes.com/sites/instituteforjustice/2021/10/25/new-proof-that-police-use-civil-forfeiture-to-take-from-those-who-cant-fight-back/ h/t awimer_ij

Will Biden Start Nuclear War with China Over Taiwan?

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by Ron Paul President Biden’s “townhall” meeting this past week was a disaster. From his bizarre poses to the incoherent answers, it seemed to confirm America’s worst fears about a president we are told was elected by the most voters ever. Though he didn’t bother campaigning, we are to believe he somehow motivated the most voters … Read more

UPDATE: Dems plan billionaires’ tax… Would hit 1,000 of nation’s wealthiest citizens…

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President Biden’s $2 trillion spending package continues to stall as senior Democrats are hoping to finalize a proposal on a new annual tax on billionaires’ unrealized capital gains, Democratic leadership has indicated. “We probably will have a wealth tax,” House Speaker Nancy Pelosi (D-Calif.) confirmed Sunday on CNN. The proposal, which is being reviewed by Senate Finance … Read more

Biden’s Spending Bill Would Turn America Into Bernie Sanders-Land

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https://www.youtube.com/watch?v=nbVpcYlvezw Madeline Leesman from Townhall reports, On Thursday morning, Senate Minority Leader Mitch McConnell (R-KY) joined Dana Perino for an interview on Fox News’ “America’s Newsroom,” to discuss the Democrat’s “reckless tax and spending” reconciliation package, the Biden administration’s proposal to have the IRS monitor bank accounts, and the Democrats’ efforts to federalize elections. Read … Read more

Global Supply Chain Hysteria

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https://www.youtube.com/watch?v=soCl9aa7MS4 On this weeks episode, higher prices and empty shelves. Trinity Chavez expounds on the global supply chain hysteria creating chaos ahead of the holiday season. For this story and more stream it now!

Households that continue to keep a significant portion of their wealth in the bank are getting wrecked.

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Imagine parking 100k in a savings account in 2021 and coming out with 70$ by year end. Even though americans are saving more, it isn’t beating out inflation. People are saving more, spending more, and making less…. ” In the 1990s, households generally did well by using savings accounts. Inflation rarely ran above 2% year-over-year, … Read more

This week will be insane!

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by gorays21 This week will be crazy because some of reddit’s favorite companies will have earnings and they include: AMD Amazon Apple Microsoft Facebook Alphabet(google) Robinhood Enphase energy Teladoc Shopify Other companies with earnings include: Boeing, GM, Coco cola, Visa, Texas Instruments, etc. Either way, this week is gonna be interesting cause lot of companies … Read more

DWAC option trading risks

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by Ken385 If you are trading DWAC options today, be aware that the current Hard to borrow rate of short stock is around 100%. This will cause certain spreads, such as boxes, to trade higher then the normally would. Deep in the money calls will have a higher risk of early exercise, so be aware … Read more

Port Congestion Could Be Worse Than “Lehman Crash”, Flexport CEO Warns

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“The ports shutting down is worse than Lehman Brothers failing. Both can lead to catastrophic failures of all counterparties depending on them. But with Lehman, the government could just print tons of money to flood the banks with liquidity,” Ryan Petersen, chief executive officer of logistics company Flexport, warned Friday after touring logjammed U.S. West Coast … Read more

THAT’S NOT HOW IT’S SUPPOSED TO WORK

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by Jim Quinn Picture taken yesterday on the Wildwood boardwalk. When this store opened a decade or so ago, everything was $1 or lower. Now only a bottle of water is $1. I’m sure these price increases are only transitory, because Jerome Powell assures me we don’t have any long-standing inflation.