https://twitter.com/WallStreetSilv/status/1552337126871760898 What is going on in China? 🇨🇳😱 pic.twitter.com/oYWHvFhF1a — Andreas Steno Larsen (@AndreasSteno) July 27, 2022 POWELL: WE'RE SEEING REAL DECLINES IN FOOD CONSUMPTION — *Walter Bloomberg (@DeItaone) July 27, 2022 UK Natural gas price for December Peak of …
Full Article Treasury Secretary Janet Yellen also acknowledged the misdiagnosis coming from her own department, and that of current Fed Chair Jerome Powell. “Both of us could have probably used a better word than ‘transitory,’” she told senators in June …
by jessefelder Today, the Fed is set to announce another rate hike of 75 basis points, taking the funds rate to 2.25-2.5%. And while inflation running over 9% appears to indicate that the debate over whether inflation will prove “transitory” …
Weekly wages (incomes) adjusted for inflation are falling of a cliff This will hit demand harder than any interest rate hikes pic.twitter.com/wTmndzUsRv — Andreas Steno Larsen (@AndreasSteno) July 26, 2022 The pandemic era was the biggest money transfer scheme to …
By Michael Lebowitz In the Trolley Car Problem – The Fed’s Predicament, we laid out how the Fed may likely choose to fight inflation at the expense of triggering a recession. “Jerome Powell can tackle inflation but risk a recession and …
Nothing to see here… move along… lots of talk about QT but in reality it is not happening… h/t silvertomars
With inflation hitting a 40-year high in June, Americans are struggling to keep up with rising prices and putting less money aside for emergencies or long-term financial goals, several studies show. Americans’ overall satisfaction with their financial condition now stands …
by Boo_Randy Hey olds, maybe you should stop voting for the crony capitalist status quo. https://www.dailymail.co.uk/news/article-11047297/HALF-Americas-oldest-people-afford-essential-expenses-higher-cost-living.html Nearly half of America’s elderly can’t afford essential expenses due to rising inflationand higher cost of living, a report has claimed. A staggering 54 per cent …
https://twitter.com/WallStreetSilv/status/1551824641731268610
by Martin Armstrong There is a common misconception that the United States has the highest rate of inflation in the world. I see it questioned in numerous emails The United States does have a major problem when it comes to …
by CoronaEraXpertTrader Unpopular Opinion: Recession not likely is the new “inflation is transitory” The official Whitehouse definition of recession was recently altered and changed to prepare for the impending negative GDP print later this week, which would, according to traditional …
HARARE, Zimbabwe — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was announced Monday by the country’s central bank, the …
https://twitter.com/WallStreetSilv/status/1551603136615309313
by Boo_Randy The Keynesian fraudsters at the central banks are always “considering” or jawboning about steeper interest rate hikes, while they keep expanding their balance sheets thanks to their “unlimited” bond buying “tools” which equates to unlimited QE. In terms …
https://www.youtube.com/watch?v=fK2J2-XA7pM
Ed Hyman, chairman of Evercore ISI, pointed to many indicators that 9.1% might have been the top. Gasoline prices have fallen around 10% from their mid-June high point of $5.02 a gallon, according to AAA. Wheat futures prices have fallen …
by laflammaster
In June, listing prices for used cars were $10,046 higher than what they would be under normal market conditions, according to a report conducted by CoPilot, an online used car marketplace. The dollar increase marked a 43% uptick compared to projections …
As was pre-ordained, the House Judiciary Committee passed HR 1808 on to the full House of Representatives yesterday. The bill moved on after a party-line vote which was preceded by some of the most entertaining debate and testimony in recent …
by David Stockman on Contra Corner: We don’t really care if June marked the inflation peak or not. Yesterday’s revelation that wholesale (PPI) commodity prices rose by 23.4% on a Y/Y basis in June is the far more important data point. …
https://twitter.com/DWhitmanBTC/status/1549376562683846657
by Shaun Richards After some mostly positive releases for the UK economy we find ourselves facing again this morning the economic problem of our time which is inflation. The Consumer Prices Index (CPI) rose by 9.4% in the 12 months …
by Boo_Randy Globalist propaganda outlets are trying to deceive the sheeple by calling soaring inflation a “cost of living crisis” and suggesting the solution would be to swap out one set of globalist political stooges for another. They will NEVER …
by Ron Paul of Ron Paul Institute for Peace and Prosperity A recent video shows penguins at a Japanese aquarium rejecting the cheap fish the aquarium has substituted for the higher quality fish the penguins are used to receiving. The reason the aquarium …
by Boo_Randy Pets are collateral damage of the Fed making housing and the cost of living unaffordable. https://www.foxnews.com/lifestyle/families-returning-pets-animal-shelters-inflation-rising-rent-sad Shelters and animal welfare groups say higher costs are impacting pet owners Some pet owners are giving up their animals as families …
by Chris Black My only question is: who are the 7% not worried about inflation? Wall Street itself is going to end up losing. New York Post: A whopping 93% of American voters are “concerned” with the level of …
