Americans Blame Biden for Inflation

by Martin Armstrong Unfortunately for Biden, the Great Unwashed is not gullible enough to accept his explanation that Putin is to blame for inflation. A Convention of States Action/Trafalgar Group survey found that most respondents (59.9%) believe Biden’s policies are the …

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A global picture of inflation.

A global picture of inflation. pic.twitter.com/18Hoah2VJg — Daniel Lacalle (@dlacalle_IA) June 2, 2022 According to the IMF, the percentage of international currency reserves denominated in dollars has fallen below 59% to a NEW LOW of 58.81%. The monetary order is …

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Run For Cover! Banks Park Near Record Amount With Fed As Global Inflation Soars, Overnight Reverse Repo Operations Above $2 Trillion (Gasoline Prices Rise To Highest In History)

by confoundedinterest17 Run for cover! Markets opened after a long (and expensive) Memorial Day weekend, with the 10-year Treasury yield up 8.1 basis points (to Meanwhile, banks continue to park funds at The Federal Reserve in the form of reverse repos …

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Sri Lanka Inflation Jumps Close to 40% as Shortages Persist

by Boo_Randy Thanks to our corrupt elites & criminal central bankers, soon we will all be Sri Lanka. https://www.bloomberg.com/news/articles/2022-05-31/sri-lanka-s-inflation-surges-to-record-39-1-in-may?srnd=premium-asia&sref=ibr3A0ff Sri Lanka’s headline inflation quickened more than expected in May amid continuing food and fuel shortages, even as the country struggles …

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Everyone saying that the $SPY has bottomed… In what universe do these people live in…INFLATION IS STILL HIGH JUST LOOK AT WEEKLY GAS PRICES $VIX

by bpra93     The risk is a series of bear-market rallies that don’t last, hurting dip buyers and further damaging investor confidence https://www.wsj.com/articles/conditions-are-ripe-for-a-deep-bear-market-11653166864?mod=hp_trending_now_article_pos1 With the S&P 500 briefly on Friday down 20% from its January peak, it is very …

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No, Inflation Did Not Ease in April and I Have the Receipts (the official lies and distortions just keep coming)

by Boo_Randy https://pjmedia.com/vodkapundit/2022/05/27/no-inflation-did-not-ease-in-april-and-i-have-the-receipts-n1601423 Good news, comrades! Your inflation ration for April decreased for the first time in a year — but only if you compare it to last April’s “unexpectedly” high inflation rate. The Wall Street Journal, where people used to …

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