The Guardian: “We have a powerful weapon to fight inflation: price controls. It’s time we use it”
Price controls. The most stupid idea. Worked "wonders" in Venezuela and Argentina. — Daniel Lacalle (@dlacalle_IA) December 30, 2021 Well, tbf Keith, price controls WOULD work to stifle inflation. Soon after enacting said controls the shelves would be empty…and just like that, (*snaps fingers) inflation would be gooooone… pic.twitter.com/M4IlFYTc5t — JⒶcques TowⒶkí 🏴 (@JaquesTowaki1) December … Read more
There’s No Such Thing as Chicks With Dicks, Just Guys With Tits
by Chris Black I know that in the current year, the title of this article is controversial. However, one’s gender is not really a matter of choice and/or taste. If you feel otherwise, that is called mental illness. The problem is that mentally challenged people are destroying your kids. Under the guide, mothers are now … Read more
FICC – MBS Alert! Ccertain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, revise thresholds in the Intraday Mark-to-Market Charge, establish a new Intraday VaR Charge
by Dismal-Jellyfish Source (pdf) Smoothbrain take; Housing loans are treated as securities/assets. There are rules about how that works. They’re moving risky shit(calls/puts, loans/intrest) from ‘you just need a deposit’ to yall better have fucking cash. They’re also revising the every day check of “yo shit good? you got enough cash?” (likely increasing required amount) and … Read more
Turkish Lira Weakens to Lowest Since 2021 Currency Meltdown
by Boo_Randy Becoming our own central banks by stacking the shiny is literally We the People’s only defense against our corrupt elites & criminal central bankers. https://www.bloomberg.com/news/articles/2022-05-24/turkish-lira-weakens-to-lowest-since-2021-currency-meltdown?srnd=premium-middle-east&sref=ibr3A0ff The Turkish lira weakened to a five-month low against the US dollar as monetary policy remains far too loose to curb the fastest pace of inflation in 20 … Read more
Walmart shuts down Maryland Heights store due to employee thefts and other crimes
MAYFIELD HEIGHTS, Ohio Theft: Mayfield Road Walmart management reported May 13 that an employee had failed to accept payment when ringing up gift card transactions on two occasions for the same customer. The Euclid woman, 20, added a total of $2,500 onto five cards during the two transactions. It was determined that the customer was … Read more
In the 1930s there were TEN bull markets and TEN bear markets – each of 20% or more, in a SINGLE decade. Basically one bull market and one bear market per year on average. Just don’t puke on the way down.
by BoatSurfer600 https://twitter.com/moorehn/status/1529176780984172546 https://twitter.com/farrisbaba/status/1529180314676998144
Looking for big dividends returns?
by cicada3322 Look no further. If you are new to investing or just want a safe place to park your money to watch it grow. Then let’s talk about some ETF’s. Or, Exchange Traded Funds. These are already managed for you. So I highly reccomend them for new investors. Especially the “Covered Call” ETFs that … Read more
Peter Schiff: The recession is already here and it won’t be mild
BY DAVID HAGGITH “I think this recession is going to be worse than the Great Recession that started following the 2008 financial crisis…. Inflation is actually going to be exacerbated by the recession. So, Americans are going to have the worst of both worlds. A worse recession than the Great Recession of ’08 but worse inflation … Read more
SEC Charges TradeZero America and Co-Founder with Deceiving Customers about Meme Stock Trading Halts
FOR IMMEDIATE RELEASE 2022-88 Washington D.C., May 24, 2022 — The Securities and Exchange Commission today charged broker-dealer TradeZero America Inc., and its co-founder, Daniel Pipitone, with falsely stating to the firm’s customers that they didn’t restrict the customers’ purchases of meme stocks when in fact they did. In late January 2021, many brokers restricted … Read more
Stocks Could Very Well Break That Red Line This Time
by The Phoenix The stock market is pretty scary these days, isn’t it? Anyone who is bullish on stocks… or thinks they are cheap and worth buying, keeps getting wrecked. It’s not entirely their fault; the non-stop interventions by “someone” keep making it appear as if there are real buyers in the markets. Yesterday showed us that … Read more
Arrest Hillary Clinton and All Who Supported the Russian Collusion Hoax
by Martin Armstrong Hillary Clinton is GUILTY of manipulating the 2016 US Presidential Election. No one believed Donald Trump when he said that the Russian collusion narrative was “fake news.” Top Clinton campaign manager Robby Mook testified under oath in federal court and confirmed that Hillary Clinton devised the Russia/Alfa Bank rumors. She encouraged her people to … Read more
NBC: Tensions are “mounting” in the Biden White House amid the “growing cascade of crises.”
NBC: Tensions are “mounting” in the Biden White House amid the “growing cascade of crises.” Biden is a FAILURE. pic.twitter.com/WcL9lkS1Bj — RNC Research (@RNCResearch) May 24, 2022
‘Financially Crippled:’ Celebrity NFTs Leave Fans and Investors Broke NFTs (non-fungible tokens) VEGAS ODDS
In recent months, NFTs (non-fungible tokens) have become increasingly popular with many celebrities promoting their own NFTs. Now, many fans who invested in digital tokens promoted by their favorite stars are financially “crippled.” One investor believes that celebrities “took their payouts and moved on while everybody who scraped by to invest in their futures got … Read more
When the crowd gets trapped in the casino with no way out, we’ll probably realize I’m too bullish…. The run to cash has officially begun.
I just read on Bloomberg that after hours Snapchat caused a 30 point drop in the S&P futures. You can't make this shit up. Better keep an eye on Go Daddy. When the crowd gets trapped in the casino with no way out, we'll probably realize I'm too bullish. pic.twitter.com/0QSb29RmCi — Mac10 (@SuburbanDrone) May 24, … Read more
“I think a pause in September might make sense” – Atlanta Fed President Bostic on rate hikes
by FarrisAT https://www.reuters.com/markets/us/bostic-baseline-is-pause-rate-hikes-september-assess-impact-2022-05-23/ It “might make sense” for the Federal Reserve to pause further interest rate hikes following expected half-point rate increases over the next two months as the central bank assesses the impact on inflation and the economy, Atlanta Fed President Raphael Bostic said on Monday. Bostic’s comments are the most overt suggestion yet that … Read more