by confoundedinterest17 The cryptocurrency Ethereum is skyrocketing as its competitor Bitcoin seems to be hitting a reflecting at $60,000. Yes, Ethereum is skyrocketing, but so are home prices along with money growth. Is housing the new cryptocurrency? Or are asset prices …
Fantasy: The Fed constantly reminds us they are not responsible for the growing wealth divide. Reality: The growing divergence begins when Fed's aggressiveness pushed rates into a 20-year negative real yield era. pic.twitter.com/H7wh2z6pUg — Michael Lebowitz, CFA (@michaellebowitz) April 1, …
by confoundedinterest17 MML stands for Modern Monetary Lunacy. M1 money stock is growing at a whopping 357% year-over-year as M1 velocity has collapsed to an anemic 1.22. M2, a broader measure of money, is growing at 27.1% year-over-year with a dismal …
by confoundedinterest17 If we look at the US Personal Consumption Expenditures Core Price Index YoY, “inflation” is a modest 1.41%. However, the largest item for households in typically housing. And housing is rising at over 10% YoY. Then we have S&P …
by confoundedinterest17 Yes, The Federal Reserve is having its own WKRP Turkey Drop, except they are dropping piles cash. Powell: “As God is my witness, I thought M2 Money could fly.” Sorry Jerome, M2 Money velocity is hitting the pavement like a …
https://www.thepennyhoarder.com/smart-money/financial-literacy/ We aren’t talking about money growing up and it’s a systemic problem. When I was in college and financially independent, I racked up literally all of my student loans the first two years because I thought I was supposed …
by Money Metals Six Other States Now Weighing Their Own Bills to End Taxes on Gold & Silver Before the ink could even dry on West Virginia Governor Jim Justice’s signature on a repeal of sales taxation on gold, silver, platinum, and …
via @NorthmanTrader: Without debt growth the global economy would be in a recession/depression Hence MMT is invented to justify it.. Net that out of GDP growth over the past 10 years and see what’s what… Net debt to EBITDA small caps. …
by Martin Armstrong COMMENT: Mr. Armstrong; It is clear that your computer is really amazing. I was just ready how the Greenland Glacier is expanding, not melting. What you have accomplished by seeking to eliminate yourself is really a major contribution …
WASHINGTON — A major Greenland glacier that was one of the fastest shrinking ice and snow masses on Earth is growing again, a new NASA study finds. The Jakobshavn (YA-cob-shawv-en) glacier around 2012 was retreating about 1.8 miles (3 kilometers) and thinning …
DHS data shows growing surge of migrants at border… The number of immigrants arrested or turned away at the southern border has continued to climb to levels not seen for years, according to new Department of Homeland Security data obtained …
Running a small business these days is like a double-edged sword. It can be completely and fully rewarding, but it doesn’t come without a unique set of risks. There are always risks in business, but with an unpredictable economy, it …
One in four teenage suicides involves the internet, official inquiry finds The internet played a role in a quarter of teenage suicides, an official inquiry has revealed – as its author accused social media firms of having shown “little concern” to …
via schiffgold: The national debt has pushed above the $22 trillion mark, but it’s not just Uncle Sam borrowing himself into oblivion. US household debt climbed to a record $13.54 trillion in the fourth quarter of 2018, according to a report released by the …
This is an audio segment from my tri-weekly podcast Mini Ice Age Conversations* MIAC #175 When Growing Seasons Won’t Produce Enough Food to Feed the World http://adapt2030.libsyn.com/miac-175-when-growing-seasons-wont-produce-enough-food-to-feed-the-world
by Simon Black Every so often throughout history, the peasants grab their pitchforks and come for the elite. It happens when the wealth gap grows too extreme… when people feel like they are getting left behind, with no opportunity to advance. …
Fed’s Powell says he’s very worried about amount of US debt from CNBC. via CNBC: “I’m very worried about it,” Fed Chairman Powell said Thursday. “It’s a long-run issue that we definitely need to face, and ultimately, will have no …
by Jose Nino via Mises Wire The 2018 midterm elections produced a split Congress with Democrats gaining control of the House and Republicans gaining seats in the Senate. The Guardian detailed House Democrats’ desire to pass gun control legislation in the upcoming Congress: “Ted Deutch, …
This could easily be going on here and elsewhere. All the signs are there. Too bad really. Would be interesting to see evolution of mankind without the interference and control. via oii.ox.ac.uk: The manipulation of public opinion over social media platforms …
via Fdsn: This is a list of cities which is projected to have the fastest GDP growth in the world over the next 16 years. All top ten cities in this list are located in India. And, in the top 20 …
JP Morgan economists said the economy should grow at a slower pace of 1.9 percent from the fourth quarter’s year over year rate of 3.1 percent. They point to reduced stimulus from fiscal and monetary policy and negative drag from …
This month, the United States imposed on Iran its most draconian round of sanctions yet. These measures made clear something the global community has long known: When it comes to international finance, Washington sets the rules for others to follow. …
by FxProNews The American dollar has been showing growth during the last four weeks, managing to return to the annual highs area. After all, it had closed the Friday session at the highest level in 16 months. Despite the drawdown at …
via promptcloud: The American job market is showing an upswing both in terms of job growth and wage. However, if we look at the US jobs report, it is not the number of new jobs created or the declining unemployment rate …
BY JOHN MAULDIN We hear a lot about the China’s vast problems. They are very real and could have major consequences. But economic reality isn’t black and white. At any given time, both good things and bad things are happening. Ignoring …
Whatever the reason for it, it’s impact on Australia has been far-reaching. The industry — already on its knees — is struggling under the weight of trailer after trailer of wasted produce. And now copycats are making recovery efforts almost …
by Martin Armstrong This theory of Global Warming and the oceans will rise and places like New York City and Miami will sink beneath the waves is just so childish it is beyond contemplation that anyone coming up with such …
If you're waiting for a bigger piece of the growing U.S. economic pie, you aren't alone. A colleague's chart looking at the slicing. pic.twitter.com/nQ0wh9qCNs — Dave Wilson's Archive: Chart & Stock of the Day+ (@TheOneDave) August 24, 2018 pic.twitter.com/GNLDJZkER8 — …
California’s largest fire ever keeps growing as winds fan flames The largest fire in California history continued to grow Thursday while firefighters worked to protect threatened communities. Crews are on especially high alert this week after a firefighter who traveled …
via Liz McCormick and Steve Matthews America’s worsening fiscal outlook and mounting government debt are hiding in plain sight, but that troubling mix may not get a pass from investors for much longer. President Donald Trump’s tax cuts and new federal spending have …