Next US Inflation Report After Midterm Elections Likely To Remain High (Projection For Headline Inflation = 7.9%, Core Inflation = 6.5%) As Diesel Prices UP 102% Under Biden And Inflation UP 486%

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by confoundedinterest17 The US midterm elections are Tuesday. I was denied an absentee ballot for some reason, but I will get my disabled body over to the local precinct to cast my ballot. Fortunately for Democrats, the next inflation report is not due out until November 10th. Because the forecast for the next inflation report is … Read more

Nigeria becomes first African country to launch digital currency

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BUJA: Nigerian President Muhammadu Buhari launched the country’s new digital eNaira currency on Monday as Africa’s largest economy looked to tap into the growing popularity of virtual money and cryptocurrencies. With the eNaira, Nigeria becomes the first in sub-Saharan Africa to fully launch a digital currency and joins China and a few other countries using … Read more

EU says it has serious concerns about Biden’s Inflation Reduction Act

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The sweeping tax, health and climate bill was approved by U.S. lawmakers in August and includes a record $369 billion in spending on climate and energy policies. The landmark package comprises tax credits for electric cars made in North America and supports U.S. battery supply chains. BRUSSELS — The European Union has “serious concerns” about … Read more

The second tech bubble has burst

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#recession … #Tech Bubble 2.0 edition#layoff #jobless #unemploymeny https://t.co/PNBLoU4XbJ — Invariant Perspective (@InvariantPersp1) November 7, 2022 Mark Zuckerberg's net worth 📉: 2022: $35B 2021: $140B — World of Statistics (@stats_feed) November 6, 2022

System couldn’t handle QT in 2018. Hey lets try it again and expect a positive result. (Spoiler: It’s going to be worse.)

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The Fed has ratcheted up interest rates this year, but that’s only half of its approach to fighting inflation and taming frothy markets. Quantitative tightening is meant to suck excess liquidity from the market, fighting inflation and deflating bubbles. Experts say there is the potential it goes too far, but the Fed can avoid a … Read more

Pope says he’ll do “the best we can” about rampant child sex abuse in the chruch

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Pope Francis said Sunday that the Catholic church was working “as best we can” to fight clerical child abuse but admitted there were shortfalls. During a press conference on a plane while returning from Bahrain, where he had been promoting dialogue with Islam, the pontiff said child abuse inside the Church was a “tragic thing.” … Read more

FBI seizes massive online ‘zlibrary’

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The FBI has seized several domains associated with popular free ebook resource ZLibrary Multiple web domains belonging to popular free ebook resource ZLibrary were seized by the FBI on Friday after the shadow library fell under investigation by the US Trade Representative. Z-lib.org, b-ok.org, 3lib.net and other domains were taken offline, redirecting to a graphic … Read more

Political experts issue midterm election predictions, most conclude GOP will take House and Senate is toss-up

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Voters are gearing up to head to the polls on Tuesday and participate in the most contentious political showdown of the year – the 2022 midterm elections. While several political insiders are divided over who will take control of the Senate and the House, others believe Republicans will take majority in both chambers. Political insiders … Read more

The rise of the machines have OFFICIALLY begun.

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  A.I. robot presents evidence in court. Watch the whole video; humans casually talk about replacing humans. This is why everyone is being groomed to use pronouns; to be inclusive and accept the new A.I. overlords Robots will prove to have less of a carbon footprint; first comes the carbon tax, than comes the…… If … Read more