by silvertomars Inflation started to take off when velocity of money went from annual declines to sharp increases… ie inflation+output exceeded money supply… which has some similarity with the situation emerging today…
The economists will only call the recession a recession after the recession has ended. h/t shobhitd11
In his inauguration address, Florida Gov. Ron DeSantis wowed the Republican faithful, invoking thoughts of former President Ronald Reagan, and checking off all the “Free State of Florida” boxes. Sounded very presidential, and considering how tight security was at the swearing-in, not to mention First Lady Casey DeSantis looking very Jackie-O-Esque, Gov. DeSantis’s speech and … Read more
by Martin Armstrong The invasion of migrants, both in Europe and the United States, is evolving into a major crime wave not seen in decades. In Germany, Berlin looked like a war zone. There were 3,943 incidents, but when recuse workers arrived, they were deliberately attacked. Some 15 firefighters and 18 police officers were injured. … Read more
via justthenews: Adecade in the making, the conservative-led revolt that thwarted Rep. Kevin McCarthy’s bid to be Speaker on three consecutive votes Tuesday isn’t likely to stop in the House as those eager to disrupt the GOP’s status quo also have set their sights on Republican Party chairwoman Ronna McDaniel and Senate Minority Leader Mitch McConnell. … Read more
Former President Trump called on House Republicans to unite behind House GOP leader Kevin McCarthy (Calif.) for the Speakership, announcing early Wednesday that he is standing by McCarthy despite opposition from some hard-line members of the party. Trump said in a Truth Social post that “some really good conversations” were held Tuesday night, and all … Read more
by Michael Kevin McCarthy’s bid for House Speaker is the biggest story in America right now. On Tuesday, he came up short in three rounds of voting, and this deeply shocked political pundits all over the country. This was the very first time since 1923 that a House Speaker has not been determined on the … Read more
https://t.co/mz7AFonNSn August 2017, when Facebook decided to suspend 300 accounts with “suspected Russian origin,” Twitter wasn’t worried. Its leaders were sure they didn’t have a Russia problem. — Matt Taibbi (@mtaibbi) January 3, 2023 4.“KEEP THE FOCUS ON FB”: Twitter was so sure they had no Russia problem, execs agreed the best PR strategy was … Read more
I have been accused of harming people (although none of the complainants involved in the current action were clients of mone, past or present, or en were even acquainted with any of my clients. — Dr Jordan B Peterson (@jordanbpeterson) January 3, 2023 About a dozen people from all over the world submitted complaints about … Read more
Must Listen !!!pic.twitter.com/oQh6IK88Qq — AvaArmstrong,🇺🇸 Author (@MsAvaArmstrong) January 2, 2023 Dan
h/t BoatSurfer600
by silvertomars What will the implications be for the dollar if they implement their own commodities backed currency for trade…? most of the BRICS countries are large exporters of commodities…
Soon there will be no with a 1T as well. h/t BoatSurfer600
Source: https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230103a1.pdf Federal bank regulatory agencies today issued a statement highlighting key risks for banking organizations associated with crypto-assets and the crypto-asset sector and describing the agencies’ approaches to supervision in this area. In particular, the statement describes several key risks associated with crypto-assets and the crypto-asset sector, as demonstrated by the significant volatility and vulnerabilities … Read more
by Dismal-Jellyfish 2023 CPI schedule Reference Month Release Date Release Time (ET) December 2022 1/12/2023 8:30am January 2023 2/14/2023 8:30am February 2023 3/14/2023 8:30am March 2023 4/12/2023 8:30am April 2023 5/10/2023 8:30am May 2023 6/13/2023 8:30am June 2023 7/12/2023 8:30am July 2023 8/10/2023 8:30am August 2023 9/13/2023 8:30am September 2023 10/12/2023 8:30am October 2023 11/14/2023 … Read more
by Dismal-Jellyfish Commodity Futures Trading Comission (CFTC) Alert! Swap Data Recordkeeping and Reporting Requirements (OMB Control No. 3038-0096). This is a request for extension of a currently approved information collection. They estimate it takes 1,460,357 hours for 1,732 folks to get swap reporting together… https://public-inspection.federalregister.gov/2022-28548.pdf https://public-inspection.federalregister.gov/2022-28548.pdf
India set an “incredibly important precedent” by banning TikTok two and a half years ago, FCC commissioner Brendan Carr said as he projected a similar fate for the Chinese giant ByteDance app in the U.S. Carr warned that TikTok “operates as a sophisticated surveillance tool” and told the Indian daily Economic Times that banning the social … Read more