Powell has done more to create inequality than any Fed President in history

https://twitter.com/realwillmeade/status/1270789300943294467 Questions for Powell: potential balance sheet losses, massive income inequality divide they are fomenting, Fed-induced stock bubble, exit plan, do they consider their mandate beyond dual? #Fed @DiMartinoBooth @GaryKaltbaum @DavidBahnsen @cvpayne — Kathryn Rooney Vera (@KRooneyVera) June 10, 2020 …

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Jeffrey Gundlach, the CEO of $135 billion DoubleLine Capital: “A ‘wave’ of layoffs is coming for $100,000/year white-collar jobs”

https://finance.yahoo.com/news/jeffrey-gundlach-sees-unemployment-wave-hitting-white-collar-jobs-224443437.html Gundlach, who runs the Los Angeles-based bond investment firm, explained that one of the outcomes of remote work is it reveals who produces and who doesn’t. “What people may have learned for white-collar services jobs, in particular, during the …

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So we’ve seen the biggest monetary injection in US history and there will never be a need to tighten. Powell makes Yellen look like Volcker.

https://twitter.com/jtepper2/status/1270782827760627714 The @federalreserve statement is out. Looks like the it just couldn’t resist doing more. The #Fed extended forward policy guidance (essentially zero rate) through 2022. Risk markets will like the hyper activism, serving to decouple them even more from …

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BLM is a money laundering operation for the DNC

by ratioetlogicae BLM is an international organization. They solicit tax free charitable donations via ActBlue. ActBlue then funnels billions of dollars to DNC campaigns. This is a violation of campaign finance law and allows foreign influence in American elections. When …

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BLM Demands in Seattle

by Venus230 The Seattle Police Department and attached court system are beyond reform. We do not request reform, we demand abolition. We demand that the Seattle Council and the Mayor defund and abolish the Seattle Police Department and the attached Criminal Justice Apparatus. This means …

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Chapter 11 Filings Rise… Bank Collapse?

Chapter 11 filings rise… Art Van Furniture, Bar Louie and True Religion all sell different products, but they all have one thing in common: Each has gone bankrupt this year, as the coronavirus-induced recession that started in February flattens businesses large and …

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