Fox News Gets It Right for Once

by Chris Black This article actually isn’t a bad summary of just how shitty things have gotten in the past 11 months. But when they the only other option is a Republican Party that is as useless and rotten as …

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The Fed Has Spoken

by Martin Armstrong The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60 billion in bonds monthly, citing “inflation developments and the further …

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NYC Declares War on Gas Stoves

https://reason.com/2021/12/17/nyc-declar…as-stoves/ New York City Council voted to ban the installation of furnaces, boilers, hot water heaters, and cooking stoves that burn fossil fuels in new buildings lower than seven stories constructed after 2024, and in buildings over seven stories beginning …

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Turkish Lira Freefall Accelerates Despite Central Bank Intervention (Turkey’s 10Y Yield At 21.50%, Very Venezuela-Like With Inflation At 21.31%)

by confoundedinterest17 Turkey (the nation, not the bird) is now the Venezuela of Europe/Middle East, where insane government policies are destroying both nations. (Dow Jones) — Turkey’s central bank intervened to arrest the plunge in the country’s currency, which lost as much …

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