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by confoundedinterest17 Thanks a boatload Joe Biden, Janet Yellen and Jerry Powell. Low-income Americans bore the brunt of job losses when the pandemic arrived. Now they’re getting hit hardest by price increases as the economy recovers. The headline consumer inflation rate in the U.S. remains subdued, at 1.7% — but it masks large differences in what … Read more
by confoundedinterest17 Gee, I thought The Fed already had control over short-term rates. Federal Reserve Chairman Jerome Powell stands ready to pull some of the central bank’s policy levers in between regularly scheduled meetings, if that’s what it takes to keep short-term interest rates under control. He noted recent downward pressure on rates during the Federal Open Market Committee’s March … Read more
Food prices have been going up for the better part of a year, and the Fed is claiming these price increases are “transitory”, and in one sense, they are transitory because pretty soon the food we eat will cost even more! Brian Ochsner, who is a Kansas wheat farmer, an economic analyst and a health … Read more
by Frank Shostak via Mises In an interview with National Public Radio’s “Morning Edition” program on Thursday, March 25, 2021, Fed chair Jerome Powell said that even with the economy rebounding faster than expected, any change in monetary policy would happen “very, very gradually over time and with great transparency. Rate increases would only be considered when the … Read more
Egon von Greyerz with Patrick V. on Silver Bullion TV SBTV spoke with Egon von Greyerz, Founder of Matterhorn Asset Management, about the coming mayhem from the destruction of fiat currencies against gold. The oversized global banking system will collapse, be careful what you keep in the banking system! FULL SHOW NOTES AND LINKS HERE
from Kerry Lutz’s Financial Survival Network Debbie Bloyd notes that interest rates are rising for now, and asks what will the effect be? Buyers haven’t seemed to notice. One a $300k mortgage their payment has gone up $60-70 per month. Buyers need to prepared for higher insurance, taxes, utilities, etc. Texas had their freeze and they’re still … Read more
Via International Man International Man: The trend of investing in so-called environmental, social, and governance (ESG) companies is growing. Companies are rated based on their carbon emissions, diversity on their board, among other factors. Many companies seem to be bending over backwards to show their ESG credentials. What do you make of all this? Where … Read more
Tell me of one rational human being who agrees with this. Tell me who. https://t.co/fC2w4a9Det — 🇺🇸Lionel🇺🇸 (@LionelMedia) April 8, 2021 New York will offer one-time payments of up to $15,600 to undocumented immigrants who lost work during the pandemic. The effort — a $2.1 billion fund in the state budget — is by far … Read more
https://twitter.com/zerosum24/status/1380218629640314882 https://twitter.com/zerosum24/status/1380228845937295362 Videos: “Insurrection” Underway In Iowa As BLM Storms The State Capitol Building – Arrests Are Being Made Insurrection underway in Iowa https://t.co/dMlI1OhDOv — Jack Posobiec (@JackPosobiec) April 8, 2021 https://twitter.com/The_Justice7/status/1380220048191684610?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1380220048191684610%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.usasupreme.com%2Fvideos-insurrection-underway-in-iowa-as-blm-storms-the-state-capitol-building-arrests-are-being-made%2F h/t Space_Force
New weekly jobless claims rose to 744,000 for the week that ended April 3rd, the Department of Labor said Thursday. Economists had forecast a decline to 680,000 from the previous week’s 719,000. This is the second consecutive week in which initial jobless claims moved up in contradiction to expectations. The upper end of the range of forecasts … Read more
The Jimmy Dore Show, Released on 4/7/21 “It’s almost like the more success you have as a journalist, the more the so-called ‘journalists’ hate you.”
Our flight deck should reflect the diverse group of people on board our planes every day. That’s why we plan for 50% of the 5,000 pilots we train in the next decade to be women or people of color. Learn more and apply now: https://t.co/VbOFvFOksB pic.twitter.com/r0ScH6MQAJ — United Airlines (@united) April 6, 2021 https://populist.press/woke-united-airlines-selecting-new-pilots-on-skin-color-darker-the-better/ NOTHING … Read more
https://twitter.com/Breaking911/status/1380203505990967307 Grandpa Joe Says Planes Can Go 21,000 MPH – Making New York to LA a 7 Minute Ride Mediaite reported: President Joe Biden claimed Wednesday that commercial aircraft would soon be able to travel at speeds of up to 21,000 miles per hour. “I tell the kids, the young people that work for me — I told … Read more
Miami, Fla. – Today, under the direction of Governor DeSantis, Florida is suing the Biden Administration in federal district court to overturn the unlawful “Conditional Sailing Order” enacted by the Centers for Disease Control and Prevention (CDC). This unprecedented year-long lockdown of an entire industry by the federal government has directly harmed the State of … Read more
Marjorie Taylor Greene's campaign rakes in over $3.2M in first quarter as a freshman congresswoman – nearly five times more than AOC raised in her first three months in office https://t.co/7UudZmA5kR — Jack Posobiec (@JackPosobiec) April 8, 2021
Donald Trump has released a brief statement denying that GOP Representative Matt Gaetz of Florida solicited a pardon from him, while also offering a defense of the embattled congressman. “Congressman Matt Gaetz has never asked me for a pardon. It must also be remembered that he has totally denied the accusations against him,” Trump said … Read more
Glad to see I'm not the only one who thinks this is a problem. https://t.co/WqlLgVx3V1 — Demetri Kofinas (@kofinas) April 8, 2021
The Biggest ‘Inflation Scare’ in 40 Years Is Coming: MW “The result is that investors should be prepared for the biggest inflation scare in America on the reopening of the economy since the early 1980s when former Fed Chairman Paul Volcker crushed double digit inflation in the late 1970s by imposing high real interest rates … Read more
