Let’s investigate Biden’s claim with a series of three pictures. CPI data from BLS, PCE data from BEA, chart by Mish Commodity Prices CPI and
From Brian McGlinchey’s Stark Realities Substack: There’s much to despise about economic sanctions. Aside from the fundamental immorality of making innocent individuals suffer for the sins
From Charles Hugh Smith’s Of Two Minds blog: Clinging to delusional fantasies of “free wealth” won’t lead to positive outcomes, any more than swallowing handfuls
From the Wall Street Journal: As Washington attempts to get its arms around the rapidly growing cryptocurrency industry, policy makers in the Biden administration and
From Michael Snyder’s Economic Collapse blog: For years, there was a great debate about what the future of our society would look like. The irrational
From David Stock via International Man: International Man: Whether we like it or not, the reality is, the Federal Reserve has an enormous influence over the
From Wolf Richter at Wolf Street: We just knew this would be coming, given the sky-high home prices and the spike in mortgage rates: Homebuyer
From Zero Hedge: While it is traditionally viewed as a B-grade indicator, the February consumer credit report from the Federal Reserve was an absolute stunner
From Of Two Minds: Those trusting the Fed to be visibly weak, corrupt and incompetent forever might be in for an unwelcome surprise. When even
From Reuters: Sri Lanka’s collapse is front of mind for many. Protesters fed up with crippling shortages of essential food and fuel items are on
Lawrence Lepard: We stand upon the gold launchpad … Matthew Pieperburg: Debt & war, the signs of a dying empire … Alasdair Macleod: High interest
From The Nestmann Group: Want to earn some extra cash? It’s easy…just participate in one of the many “paid informant” programs run by various US
From David Brady at Sprott Money News: The two primary drivers of the markets in general from my perspective were and are the following: The
From The Carson Report: Policymakers are trying to achieve a benign economic outcome, a soft landing similar to 1995. But unfortunately, history shows that soft
From MishTalk: The long end of the yield curve rallied strongly on Tuesday with the middle of the curve pricing in more hikes by the
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