There’s a lot of news flying around about the changes happening in global currency trading. From “Gas for Rubles” to “What the Hell is Going on With the Yen?” there are a lot of questions and very few answers as to what it all means and whose on which side of the divide…
“Highly Attentive” Fed Unleashes Biggest Rate-Hike Since Bursting the Dot-Com Bubble…
Since the last FOMC meeting, the short-term interest-rate (STIR) market has adjusted dramatically more hawkish in its outlook for the rest of the year – now pricing-in 11 more rate-hikes (that includes the expectation of 2x 25bps hikes today). But at the same time, the expectations for subsequent easing from what will inevitably create a recession have barely budged…
Roots of Our Current Inflation: A Deeply Flawed Monetary System…
A monetary system that allows the creation of money out of thin air is vulnerable to the fits of credit expansion and credit contraction. Periods of credit expansion typically occur over many years and even decades while the phases of credit contraction happen like sudden implosions. The monetary policy makers tend to promote the prolongation of credit expansion because they fear deflation…
Did Biden Funnel $3.5 Billion Payout Away from Terror Victims and Toward Ex-Staff? Republicans Demand Answer…
A trio of House Republicans is investigating whether the Biden administration improperly steered funds destined to compensate victims of terrorism to a former Biden official’s own post-employment coffers…
#GotGoldorRubles? Russia Just Broke the Back of the West…
I don’t think everyone has yet caught the significance of Russia announcing they are putting a floor under the price of gold. But, to be clear, Russia just broke the paper gold suppression scheme. On Friday the Bank of Russia announced:…
Researcher Andrew Hill’s ‘Ivermectin as a Viable Treatment’ Conflict: As in a $40M Gates Foundation Grant vs a Half a Million Lives…
In a stunning admission, virologist Dr. Andrew Hill acknowledged in a zoom call that publication of his study could lead to the deaths of at least a half million people…
Trouble Ahead, Inflation Jumps More than Expected – Gasoline Prices Increase 9.1% in One Month, Year Over Year Inflation 2.6%…
The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”…
Biden Admin to Put 80,000 Migrants in Hotels at $352 Per Bed Per Night…
The White House is spending close to $352 a night to provide beds to the estimated 80,000 migrant families expected to flood the border from now until September, according to a U.S. Immigration and Customs Enforcement document obtained by the Washington Examiner…
‘A Government of the Millionaires, by the Millionaires, for the Millionaires…
Way back in 1863 Abraham Lincoln gave his famed ‘Gettysburg Address’. In it he described ‘a government of the people, by the people, for the people’. Great words. But words are all they were. Fast forward 250 years or so and those famous words have now mutated into ‘government of the millionaires, by the millionaires, […]
“I Cry When I Think Back How Things Used to Be” – What in the world has happened to the America we grew up in?…
Earlier today, my attention was directed to a thread on an Internet discussion forum that lamented how much America had changed over the years. I don’t know exactly why, but the posts on that thread really touched me. Those of us that are old enough to remember what America was like before the Internet grew […]