For those who don’t know, the yield on our bonds is what the market demands in interest to take on our government bonds. Mind you this is with the Federal Reserve buying more than half of them. Michael Burry, who famously bet against the housing bubble in ‘08, is betting on bond yields blowing out this time around, because inflation will raise expected yields, which would trigger the everything collapse. Right now he’s planning the best point to plan his exit before the whole system goes to shit.
Shameless propaganda: White House now refers to inflation as “Putin’s Price Hike”
NOW – White House warns of "extraordinarily elevated" inflation data.pic.twitter.com/3ZDqpHFgoc
— Disclose.tv (@disclosetv) April 11, 2022
SANCTIONS' ECONOMIC FALLOUT: Thanks in large part to sanctions, food prices are soaring. Who is being clobbered? it's the poor populations, particularly in developing countries, who are taking a heavy hit. pic.twitter.com/fuIkssBW89
— Steve Hanke (@steve_hanke) April 12, 2022
Biden will allow the sale of gas blended with 15% ethanol this summer to help combat ‘Putin’s price hike’ at the pumps as Americans brace for ‘extraordinarily elevated’ inflation figures TODAY
BMW, Chrysler, Nissan, Toyota and VW have said their warranties will not cover fuel-related claims caused by E15. Ford, Honda, Kia, Mercedes-Benz and Volvo have said E15 use will void warranties, says Darbelnet, citing potential corrosive damage to fuel lines, gaskets and other engine components. Heckova “solution” to soaring fuel costs, Brandon.
The White House unveiled plans Tuesday to extend the availability of higher biofuels-blended gasoline over the summer to curb soaring fuel costs and to cut reliance on foreign energy sources.
The move will allow Americans to keep buying E15, a gasoline that uses a 15 percent ethanol blend, from June 1 to September 15, in an attempt to help lower fuel expenses.