A group of bipartisan senators on Wednesday reached an agreement on the $1.2 trillion hard infrastructure bill after Republicans stalled the measure last week. Bipartisan = the American people are getting screwed Senate Majority Leader Chuck Schumer said the senate could vote as early as Wednesday evening to advance the measure. The motion to invoke … Read more
Fox Business, Released on 7/28/21 Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider’s Take … Read more
Don’t you dare try to expose government lies…straight to jail. h/t HonkinSriLankan
by Jason Burack of Wall St For Main St Last week Chipotle Mexican Grill announced a 2nd price hike on its menu in just the last few months bringing cheers (and stock upgrades from Wall Street stock analysts). However, in this case what is good for shareholders is bad for the consumer. One one hand, many people on … Read more
by confoundedinterest17 (Bloomberg) While U.S. homeowners may be celebrating their good fortune as home prices surge higher at a blistering 17% year-over-year clip, history suggests the end of quantitative easing will cool things off. A healthy housing market wouldn’t exhibit the out-sized price increases seen of late. No mature market behaves this way unless an unusual exogenous … Read more
by Simon Black By the summer of 1849, Karl Marx was still an obscure writer struggling to make an impact. He had published The Communist Manifesto— a short, 23-page pamphlet– the previous year in 1848. But as yet it had failed to catch on. Marx was operating a fledgling newspaper in Germany at the time. But … Read more
by jessefelder Jim Stack has been assiduously studying markets in an effort to develop and hone a full-cycle investment discipline since he was first introduced to stock market risk back in the 1973-74 bear market. That experience instilled in him the modicum of skepticism needed to successfully navigate major market turning points, both tops and … Read more
Inflation fears surge 10%, double 2018 worries Concerns about rising inflation, especially in housing and food costs, have jumped, doubling the fears of just three years ago, according to a groundbreaking “Inflation Index” survey provided to Secrets. In the new Zogby Poll, the inflation that the public perceives has increased 10%. That is double what … Read more
by Craig Hemke via Sprott Money News Some of you will question why it’s valuable to document the obvious price-rigging by The Banks. The answer? Because remarkably there are still “analysts”, many of whom the precious metals community hold in high regard, who claim the pricing mechanism is fair, honest, and free of price manipulation. For this week’s … Read more
