This financially engineered market is brought to you by Federal Reserve – helping the rich and elites put serfs out of homes since 1913.

This financially engineered market is brought to you by @federalreserve – helping the rich and elites put serfs out of homes since 1913. — John Tuld (@BradHuston) June 10, 2021 For those shocked by used car prices, here is the source, and it's going even higherhttps://t.co/S12WaAPLpB pic.twitter.com/hBk9ERlWfC — zerohedge (@zerohedge) June 10, 2021 Safe to … Read more

Why Nobody Blames Wall Street for Inflation?

By Chris Black The same people who own the FED, aka private transnational bankers, are also running Wall Street.  If you want a real lesson in economics, I’ll give you one. Wall Street is 100% fake with the only goal being to increase the price of contracts and stock certificates as much as possible without … Read more

The Sources of Rip-Your-Face-Off Inflation Few Dare Discuss

by Charles Hugh-Smith We’re getting a real-world economics lesson in rip-your-face-off increases in prices, and the tuition is about to go up–way up. Inflation will be transitory, blah-blah-blah–I beg to differ, for these reasons. There are numerous structural sources of inflation, which I define as prices rise while the quality and quantity of goods and services remain … Read more

The Core! Core Inflation Fastest Since February 1992 (3.8% YoY, Higher Than Forecast) Home Prices Growing At 13.9% Clip

by confoundedinterest17 Inflation is on the mind of many investors. Whether it is permanent or transitory. US Core inflation (CPI less food and energy) rose 3.8% year-over-year and beat expectations of 3.5% year-over-year. Core inflation is the highest since February 1992. CPI overall rose 5.0% year-over-year, beating the expectation of 4.7%. Used cars once again led … Read more

IS BIDEN AND PRESIDENT KLAIN SETTING KAMALA UP FOR FAILURE?

For all the Biden administration’s efforts to make Kamala Harris into a co-consul in the bipartite “Biden-Harris administration,” the public has not taken as warmly to the vice president as they have to her boss. Among registered voters, the vice president’s favorability—distinct from whether they approve or disapprove of the job she is doing—routinely underperforms Joe Biden’s. … Read more