Democratic economist Larry Summers, who served as treasury secretary for Bill Clinton and a top adviser to Barack Obama, spoke out against the Biden administration on Monday for its narrative about the inflation crisis. What is the background? The Labor …
The sharp increase in inflation over the past year has blindsided many economists. Almost no one saw it coming https://t.co/ggikkcZUvW pic.twitter.com/P66isbuTgv — The Economist (@TheEconomist) November 19, 2021 h/t dr0id
Larry Summers, who was Secretary of the Treasury under Clinton and directed the National Economic Council under Obama, said on CNN recently that inflation is going to be unavoidable for the near future. CNN host Erin Burnett asked Summers about …
Federal Reserve officials could be placing too much emphasis on the past when trying to guide the U.S. economy into the future, according to a Bank of America analysis. https://www.cnbc.com/2021/10/21/bank-of-america-says-the-fed-is-playing-with-fire-by-downplaying-inflation-and-needs-a-new-playbook.html Central bankers are in a precarious spot in this chaotic …
From Birch Gold Group Speaking at a meeting of central bankers at Jackson Hole, Wyoming, Federal Reserve Chairman Jerome Powell said a lot of words without exactly saying anything. The Fed “doublespeak” was picked up by the American Institute for Economic Research (AIER): What they got …
Even Independents increasingly know Joe Biden did not legitimately win the 2020 vote — look at this latest survey from The Economist/YouGov, 42% of non-partisan voters acknowledge the problems of the 2020 presidential vote… Even Independents increasingly know Joe …
Economist Stephen Roach warns Beijing’s crackdown against U.S.-listed China stocks will have widespread market implications. Roach, who is considered one of the world’s leading experts on Asia, believes the actions are signaling the early stages of a cold war. “I …
Desmond Lachman, an economist and senior fellow with the American Enterprise Institute (AEI), told Breitbart News on Sunday that the U.S. is beginning to resemble a Latin American country given its inflation, government spending, and printing of money. “[The U.S. …
by: Divina Ramirez (Natural News) The coronavirus pandemic has led several countries, including the United States, to implement lockdowns and travel restrictions, creating an unprecedented economic crisis in peacetime. In particular, the pandemic has resulted in large shocks to both …
The non-illegal use cases of Bitcoin have not grown, in fact, they have declined in recent years, said Peter Berezin, chief global strategist at BCA Research. Berezin told David Lin, anchor for Kitco News that Bitcoin is more likely to …
WTF? pic.twitter.com/iX67c4Gm6s — Paw3🇵🇱 (@Pawel21597781) May 7, 2021 h/t dr0id
The whole pandemic scam is slowly unravelling. A top economist has quit over censorship. He is now free to speak the truth and now takes apart the government’s overreaction. “The problem for politicians now is to reverse course without losing …
by Harry Dent of Economy & Markets People don’t understand gold. They don’t understand the U.S. dollar either. Mostly, it’s the same people. Gold bugs thought we were debasing the dollar by printing our way out of the 2008/9 financial crisis. Ha! Actually, the dollar has …
by Harry Dent of Economy & Markets Recently we talked about why Millennials aren’t buying a house at the same rate as their Boomer and Gen X parents. Today, let’s talk about how Boomers and Gen Xers are actually contributing to the housing shortage, and …
via economist: America’s ageing economic boom can still produce pleasant surprises. Companies added an astonishing 312,000 new jobs in December, the Bureau of Labour Statistics reported on January 4th, and raised pay at the fastest clip in years. For the third of …
China’s domestic demand is ‘particularly weak,’ economist says from CNBC. via CNBC: China’s economic growth is likely currently below the 6 percent level amid faltering domestic demand, says Taimur Baig, chief economist at DBS Group Research. Despite negotiations between China …
by Harry Dent of Economy & Markets Bubbles ultimately die of their own extremes, although it always helps to have a trigger like the subprime crisis in 2006. But the San Francisco area takes the cake when it come to the U.S. real-estate …
by Harry Dent of Economy & Markets Markets have had support at around 2,530 on the S&P 500 and 23,300 on the Dow. Those were the early 2018 low off the last market crash. And they’ve broken through those levels. But they still have …
by Michael Snyder The Federal Reserve is responsible for creating the stock market boom that we have witnessed in recent years. Are they now also setting the stage for a stock market bust? After hitting an all-time high earlier this year, …
by moneymetals Richard Cantillon is the most important economist you’ve never heard of. Born in Ireland sometime in the mid- to late-1600s, Richard Cantillon’s contributions to economics are found in his major work, Essai sur la Nature du Commerce en General (Essay on …
by Harry Dent of Economy & Markets Several weeks ago I sent you a video commentary on how important money velocity is and why Dr. Lacy Hunt is the master of this concept, which I now call the “acid test” for developed and emerging country economies. …
by egeblood Okay, boys, we are f*cked. First of all, it’s easy to spot the 4 handed Da Vinci’s Drawing. It is 500th death year of Da Vinci. Da Vinci is the father of globalists and “promise of imaginary heaven” …
by Mac Slavo of SHTFplan Out of all of the dire warnings coming from economists about the impending market collapse, one sticks out as exceptionally terrifying. Famed economist Ted Bauman is now warning that “There are three key economic indicators screaming sell. They …
by Martin Armstrong The Egyptian Economist, Abdel Khalik Farouk, is the author of more than 20 books on corruption in the Egyptian economy. His latest book, Is Egypt really poor? was confiscated by Egyptian authorities last week on the day of publication. The owner …
He said in the next year or two… A decade after the global recession, the world’s economy is vulnerable again. Ryan Avent, our economics columnist, considers how the next recession might happen—and what governments can do about it h/t PROnoun
https://youtu.be/z8aD3z5KhmQ The 1988 cover, 30 years ago, predicted or depicted a Phoenix rising atop a burning heap of world fiat currencies and stating: …world currency 10-10-2018. Now the new cover is emblazoned (ironic term) by blackness for 2019? h/t UseLessRepEATER
In part 2 of this interview Dr. Stephanie Kelton further explains how MMT and why Pay-Go, proposed by Nancy Pelosi and the Democrats, is a terrible idea.
