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Governments Love Inflation, and They Won’t Do Anything to Stop It by Daniel Lacalle No government looking to massively expand its size in the economy and monetize a soaring deficit is going to act against rising prices, despite claiming the opposite. One of the things that surprises citizens in Argentina or Turkey is that their populist governments always talk about the middle … Read more
by Chris Black Correct instincts, subverted at every turn by bad actors, bad personnel, and bad decisions. Tucker Carlson said it best about Trump. He’s the guy that will tell you the problem, but he’s not the guy to take action. In the spring of 2020, Donald Trump’s defense secretary quashed a proposal to send … Read more
Democrats hold bare majorities in both chambers, but their spending and domestic policy priorities are being held up by infighting among the party’s progressive and moderate wings. Specifically, as Politico noted in a Monday report, the battle between Sens. Joe Manchin and Bernie Sanders is holding up President Joe Biden’s “Build Back Better” legislation that … Read more
Bitcoin hits $66,000 — Crypto is winning the race against gold right now — Paul Tudor Jones Full story at CNBC… https://citizenfreepress.com/breaking/bitcoin-hits-new-record/
by joeskunk Several days ago, I posted a chart flagging an opportunity with CIFR, which is now up ~15% today. However, there were several errors with the chart and presentation. Attached is an updated chart with corrections made and using the latest market data. Many thanks to the folks who commented on the initial post and offered … Read more
San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $70 a share, the people said. That would value Pinterest at about $45 billion for the entire company, including its Class … Read more
Quarles elaborates on why the Fed’s stance might have to change—if inflation expectations rise much further *or* demand runs hotter after what’s looking like a longer interval of supply disruptions, for example, from “additional fiscal programs currently under discussion.” pic.twitter.com/k5fqo8wfJn — Nick Timiraos (@NickTimiraos) October 20, 2021 Quarles: If inflation stays at 4% through "next … Read more
NEW YORK, Oct. 19, 2021 /PRNewswire/ — Nearly four years after legalizing recreational marijuana, California has finally opened the path to make smokable hemp and CBD-infused foods and beverages legal. Governor Gavin Newson signed the bill earlier this month to legalize the sale of consumables derived from hemp, creating a regulatory framework for the manufacture and sale of hemp products like smokable … Read more
by Wonderboi1995 https://purplefloyd.substack.com/p/at-and-t-analysis I started analysing AT&T and then stumbled upon the reason Burry is investing in Discovery. Here’s an excerpt: Warner Media should be worth at least ~$100Bn. AT&T will only own 71% of spin-off $100Bn(0.71) + 130Bn = $200Bn. AT&T current market cap = $180Bn…Not a HUGE discrepancy, but it’s undervalued using extremely conservative estimates. … Read more
https://twitter.com/libsoftiktok/status/1450877570971545606
Federal Reserve is saying inflation is “transitory”, theyll be cutting $120 billion in MBS and bond purchases by $15 billion a month (e.g. tapering the taper) and raise interest rates….none of which is possible or true. It will all be inflationary. The Federal Reserve cant raise rates and it will print more inflation when it … Read more
Ron Klain: Inflation is a “high class” problem. Jen Psaki: It’s a “tragedy” that your treadmill is delayed. Washington Post: Lower your “expectations” about the supply chain crisis. The Left – so out of touch. — Rep. Jim Jordan (@Jim_Jordan) October 20, 2021 Washington's new opinion? "Inflation is good, and it suggests how strong the … Read more
View post on imgur.com https://finance.yahoo.com/quote/BTC-USD/ h/t dr0id
https://www.youtube.com/watch?v=4k9z_d3QI1E Cristina Laila from The Gateway Pundit reports, Another day, another Democrat hypocrite. Virginia Democrat gubernatorial candidate Terry McAuliffe on Saturday entered a restaurant without a face mask and hugged people just days after he called a maskless GOP operative “dangerous.” Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2021…
Why should we believe any thing the government tell us is safe when they have been caught lying and lying to us.
Additionally, earlier this month, Biden enacted a very small but important clause in a bill that compensates only FEDERAL employees (FECA) from injuries due to the mandated vax to keep their jobs. No mention of course of private businesses. — Justintime 🍊🇺🇸🚜 (@Justint88117236) October 20, 2021 The fact the migrant flights are landing at 2-4AM … Read more
🚨👀🚨👀MUST READ: Remember the now infamous "Event 201" Pandemic simulation in 2019? A video of the simulation was uploaded by Johns Hopkins Center for Health Security in Nov. 2019. Well, remember the "Dark Winter" simulation done way back in June 2001 at Andrews AFB? 1/5 — Rosie's Ballroom Psyop (@DarnelSugarfoo) October 20, 2021 Welp, guess … Read more
