Fed Economic Projections are out. Here’s where they want the interest rates in 2023/2024
The Fed forecast that it would keep rates higher through 2023, with no reductions until 2024. h/t Guysmarket
The Fed forecast that it would keep rates higher through 2023, with no reductions until 2024. h/t Guysmarket
n 2018, a typhoon stranded thousands of people at Kansai International Airport, near Osaka, Japan. Among them were some tourists from Taiwan. Normally, this story might not have had much political meaning. But a few hours into the incident, an obscure Taiwanese news website began reporting on what it said was the failure of Taiwanese … Read more
by Chris Black I mean, this is who we are, right? Love, forever more. 💕 pic.twitter.com/sg8DGGCRlw — Jill Biden Archived (@FLOTUS46Archive) December 14, 2022 America is a democracy, and our values are ramming things into your butt. There’s no other way to put it (no pun intended). This shitshow was in celebration of Joe Biden … Read more
BREAKING: US Political Misinfo Twitter Detection AI List Thread Below ⬇️ — Kristen Ruby (@sparklingruby) December 12, 2022 1. I have obtained exclusive access to documents that have never been publicly revealed. The information I am about to share with you has never been released. This information is of public concern and the below thread … Read more
Liberals struggle to find viable Twitter alternative after Musk takeover. Some of Twitter’s disaffected have closed their accounts. Many more have kept their Twitter handles while adopting new ones on other sites, thronging the virtual gates of previously unheralded platforms Mastodon, Hive and Post. Now, social media colonists are laboring to rebuild their networks on … Read more
Fauci's net worth increased $5 MILLION during the pandemic. He got FILTHY RICH while FORCING you to stay LOCKED in your home! How many families did this man BANKRUPT? This is going to be FULLY INVESTIGATED! CON-MAN OF THE CENTURY! — Ronny Jackson (@RonnyJacksonTX) December 13, 2022
Blatant corruption across the board.https://t.co/Zj1ennrtmU — Stevestrange 🕉☯️ (@Scubadadoo) December 13, 2022
By Graham Summers, MBA The Fed will end its two-day Federal Open Market Committee (FOMC) meeting today at 2PM East Standard Time. The known universe expects the Fed to raise rates by 0.5%. And the current consensus is that by this time next year, inflation will be down near 2%. It’d be hilarious if it didn’t … Read more
Authored by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Nouriel Roubini, a former advisor to the International Monetary Fund and member of President Clinton’s Council of Economic Advisors, was one of the few “mainstream” economists to predict the collapse of the housing bubble. Now Roubini is warning that the staggering amounts of … Read more
Guest post by Leo Hohmann from his blog: The Central Bank of Nigeria announced it will begin, effective in January, restricting cash withdrawals from banks and ATMs to just $45 per day as part of a push to move the country toward a cashless economy. If this were a one-off, I wouldn’t bother writing about it. … Read more
by dollarcollapse Wall Street amazes me. Despite the current economic situation those at the Big Banks on Wall Street seem to think their words will just magically create financial stability for all but, this is what’s happening. The Federal Reserve’s recent interest rate hikes and pivot towards a more hawkish monetary policy have caused Wall Street … Read more
“It has been a bad couple of months for BlackRock and its CEO, Larry Fink. Earlier this quarter, one analyst downgraded its stock due to the risk posed by Environmental, Social, and Governance (ESG) investing. Several states have announced they will remove pensions and other state treasury funds from the asset manager. Last week, the … Read more
https://twitter.com/libsoftiktok/status/1602891912419033090
As of 10:46 a.m. New York time, all three major stablecoins, tether, USD coin (USDC) and BUSD, are trading a little under $1, according to Nomics. If the so-called stable coins can’t maintain their value, there’s really no backstop for crypto. The whole crypto market could lose 95% of its value within a matter of … Read more
American households’ real wealth fell $13.5 trillion in the first three quarters of 2022, according to a MarketWatch report. The 8.6 percent drop from January to September is the second fastest decline on record, behind the financial crisis of 2008/2009. Record-high inflation under the Biden administration is causing a decrease in the purchasing power of assets … Read more
https://twitter.com/ClownWorld_/status/1602846258162532352
Oregon governor Kate Brown said Tuesday that the state’s 17 death-row inmates will be spared execution and will instead have their sentences downgraded to life in prison without the possibility of parole. “I have long believed that justice is not advanced by taking a life, and the state should not be in the business of … Read more
https://twitter.com/RJRCapital/status/1603030363437256706 Random bull traps on the way down are not that uncommon. pic.twitter.com/eHlaT4k5G9 — Financelot (@FinanceLancelot) December 13, 2022