by Ron Paul West Virginia Senator Joe Manchin recently claimed the 15 percent corporate minimum tax contained in the Inflation Reduction Act, which should be called the Inflation Creation Act, is not a tax increase. Instead, he claimed, the bill simply …
FOX NEWS: Democrats' Bidenflation Act would raise taxes, shrink the economy, AND increase energy costs for everyday Americans. pic.twitter.com/WZMfBD5MDQ — RNC Research (@RNCResearch) July 31, 2022 Democrat Joe Manchin claims the Bidenflation Act fights inflation, lowers energy costs, and doesn’t …
U.S. East Coast Diesel Supply Is Running on Fumes: the surging price of the fuel spells trouble for the global economy. h/t TheHiveminder
by confoundedinterest17 When Federal Reserve Governor Lael Brainard speaks, markets listen Federal Reserve Governor Lael Brainard said the U.S. central bank will continue to tighten policy methodically and shrink its balance sheet at a rapid pace as soon as May. Brainard’s hawkish remarks sent bond prices …
*NOTE: Fed hikes rates 0.25% – marks first increase since 2018 Powell also said that economy’s “very strong,” can handle tighter policy IMO Fed’s only jawboning to boost market morale – because major leading indicators show an eroding economy👇🏻 Fed’s …
by confoundedinterest17 Jay “The Revelator” Powell has told us in The Fed minutes that The Fed is ready to raise rates and shrink the balance “soon.” Sort of like saying “Shock and Awe” is coming. The minutes of the recent Fed Open …
"If inflation comes back, inequality gap will shrink." This is idiotic. Inflation is the most regressive tax. https://t.co/eYPhdkZnRq — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) June 18, 2021 Reminded me of this pic.twitter.com/Ee79MLkd7x — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) …
From Birch Gold Group Social Security has become more uncertain in recent decades, primarily due to questions about its long-term feasibility. MarketWatch says Social Security will run into a “wall” in 2034: That’s when, say Social Security’s trustees, the program’s trust fund is scheduled to …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle prices drop 5.1% in five months, most since Housing Bust 1; San Francisco Bay Area, Los Angeles, San Diego, Denver, Portland all decline. This is the most obvious one: Seattle. House prices in the Seattle …
The Federal Reserve is a private bank, operated by private shareholders. Those shareholders have used it as an instrument to enslave the public. h/t MrMalarkeye
by Spencer P Morrison, NEE On Monday the Trump administration announced that it would impose 10 percent tariffs on an additional $200 billion worth of Chinese goods—including many consumer goods which have been exempt until now. This rate will increase to 25 percent …