by Silly_You9597 Cathie Wood says the massive inventories now held by US companies suggest that inflation will die down. “I’ve never seen inventory surges like this in my career, and I’ve been around for a long time,” the head of Ark …
Fed policymakers had already all but promised half-point interest rate hikes at their meeting next week and again in late July, following May’s half-point hike and the start of balance sheet reductions this month. That would be more policy tightening …
Face The Nation, Released on 6/12/22 Mohammed El-Erian, the chief economic adviser to Allianz, says inflation could hit 9% before beginning to come down. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is …
https://twitter.com/WallStreetSilv/status/1535612309762088960
by MH Gordon on Economic Prism: Prayers for the ‘Big Guy’ Being a government hack has its advantages. You get eleven paid holidays per year. You get promoted for poor performance. The benefits are superb. Best of all, you can …
Druckenmiller: "2 undefeated records are: 1. once inflation gets above 5%, it's never come down unless fed funds have gotten above the CPI" David Einhorn: "…to defeat inflation, you need positive real interest rates in 1980 Volcker raised rates to …
by David Haggith Better strap on your parachute and exit the plane ahead of landing because there is no getting out of a crash landing now that inflation is burning the landing gear off the bottom of the Fed’s plane. …
At least a 4.6% pay increase for service members is looking more likely as the House Armed Services Military Personnel Subcommittee approved its markup for the 2023 defense authorization bill. The raise could be a floor though, considering the current …
by Boo_Randy Thanks to our corrupt elites & criminal central bankers, soon we will all be Zimbabwe. https://dnyuz.com/2022/06/10/zimbabweans-count-their-toes-as-inflation-soars-above-130/ HARARE, Zimbabwe — Battling rampant inflation, Zimbabweans are counting their toes as they struggle to buy food for their families. An internet …
by Chris Black I mean, we had inflation since the (((Federal Reserve))) came into being back in 1913. The US Dollar lost something like 97% of its purchasing power since. So why is inflation such a big deal now? The …
by Boo_Randy Sooooo, ladies…how’s that vote for Biden working out for your feminine hygiene supply chains? https://www.bloomberg.com/news/articles/2022-06-09/inflation-is-pushing-tampon-prices-up-10?srnd=premium&sref=ibr3A0ff Inflation has come for period products, making it harder for US consumers with already stretched wallets to afford basic hygiene supplies they can’t …
Brazen shoplifters fill garbage bags and a shopping cart with laundry detergent in daylight robbery at grocery store just one mile from the US Capitol Three thieves stole laundry detergent and fabric softeners from a Giant Food grocery store in …
CNBC, Released on 6/8/22 Mohamed El-Erian, Allianz and Gramercy advisor and president of Queen’s College, joins CNBC’s ‘Squawk Box’ to discuss markets and inflation ahead of the open on Wednesday. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a …
by Dsomething2000 Venezuela, step aside, here comes Turkey.
The Biden team seems to have given up on doing anything about inflation and high gas prices. Treasury Secretary Janet Yellen has changed her tune from calling it “transitory” to saying that she expects it to persist for a while. …
by visualcapitalist A recent survey by Gallup discovered that inflation has become the top financial concern for Americans, surpassing other issues like low wages and housing costs. While this result may not be too surprising, it is interesting to see how today’s …
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal. During a Senate Finance …
by laflammaster WTF…I just can’t…this saga has showed me how corrupt the system is. I don’t believe anything MSM says anymore. There’s always a motive that isn’t in the 99% favor.
by stylishskunk Enough of “oh I don’t have a crystal ball”, blah blah bullshit. Let’s sum up what the fuck is going on. It’s bad. It’s getting worse. It’s getting worse quickly. Let’s look at the problematic topics in the economy …
View post on imgur.com https://www.nytimes.com/2022/06/02/opinion/inflation-vegetarian-vegan.html View post on imgur.com h/t dr0id
President Joe Biden’s administration is considering a drawdown of tariffs on Chinese goods in an effort to combat record-high inflation in the U.S. Commerce Secretary Gina Raimondo confirmed the potential move on Sunday, saying Biden has personally asked her team …
by Sundance Here is one succinct interview containing the smorgasbord of far-left policies the people behind Joe Biden are proposing as the solution to the inflation crisis they have created. It is remarkable to see it all packed into one 8-minute …
https://twitter.com/MFHoz/status/1533514749329260545 Inflation chart of the day. This will affect everyone. It is a monthly chart of gasoline, going back to 1998. pic.twitter.com/lhc1ohfdSS — David Morgan (@silverguru22) June 6, 2022 Central Banks print bank reserves which have virtually no impact on …
A new report found that nearly two-thirds of the US population are living paycheck to paycheck. The percentage is down slightly from March, but is part of an upward trend as living costs outpace wage growth. CEOs are warning that …
The Deep Dive, Released on 6/3/22 James sits down with us to discuss the current jobs market, the problem of inflation, and recent actions by the Bank of Canada. We then transition to precious metals, where we discuss the implications …
View this post on Instagram A post shared by President Joe Biden (@potus) https://www.instagram.com/p/CeRL525O5Mm/?hl=en&__coig_restricted=1 h/t SLATT_KING_OF_DRIP
