Cleveland Fed Governor Loretta J. Mester believes interest rates should go higher… Richmond Fed Governor Thomas Barkin: I also want to reduce inflation,” “And if more increases are what’s necessary to do that I’m comfortable doing that.

by Dismal-Jellyfish Inflation Alert! Cleveland Fed Governor Loretta J. Mester believes interest rates should go higher: “And so the question, you know, in my mind is have we gotten to that rate yet? And at this point, given the data …

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CBS Demands People Eat Bugs

by Chris Black Isn’t  it just hilarious how some people perceive the whole “eat the bugs” concept as a charming little joke or some retarded QAnon palaver?  I mean, obviously, it’s not like they’re serious or anything. But guess what? …

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The Debt Doesn’t Matter Until It Does

by Chris Black According to Keynesian economic theory, one of the main tools to combat inflation is to raise interest rates to shrink the money supply. This worked under Volker in the 80s because the national debt was manageable. But …

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Institutional investors have been dumping stocks for the last 12 months. M2 money supply has only fallen like this 4 times previously. Only the Great Depression was worse than now.

Good Morning Everyone! Institutional investors have been dumping stocks for the last 12 months. You have to ask yourself some serious questions when you see this. pic.twitter.com/y7vbM9J7q4 — Genevieve Roch-Decter, CFA (@GRDecter) May 16, 2023 M2 money supply has only …

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Biden announces Dr. Monica Bertagnolli as nominee for Director of the NIH. She has had 116 grants from Pfizer

President Biden Announces Intent to Nominate Dr. Monica Bertagnolli as Director of the National Institutes of Health https://www.whitehouse.gov/briefing-room/statements-releases/2023/05/15/president-biden-announces-intent-to-nominate-dr-monica-bertagnolli-as-director-of-the-national-institutes-of-health/ From 2015 through 2021, Bertagnolli received more than 116 grants from Pfizer, totaling $290.8 million. This amount made up 89% of all …

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Canadian Deputy PM wants to take your savings

https://twitter.com/_SDParker/status/1658472461783158786 “some Canadian households, and it tends to be the better off households, do have quite a lot of that they saved because there hasn’t been that much due in the pandemic and certainly it would be great if that …

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