Markets are taking back the rewards they errantly gave under their gas-sniffing high after soft-talking Powell enabled them to believe in a Fed-fantasy March rate cut this year.
The opportunity will exist for nimble entrepreneurs and speculators to do well, even as most people’s standard of living drops. But the big question is: For how long will the societal trend that we’re now on continue going down?
All elements of inflation are doing worse. You can believe in Moody’s fact-free, fantasy cooling period if you want to; or you can believe in the obvious reality raging as an inferno all around us.
This reveals the ugly truth in Washington D.C. No matter what you hear about spending cuts, the federal government always finds new reasons to spend more and more money.
A symptom of inflation is rising consumer prices. When you pay more for everything due to inflation, you’re being taxed more on the money the federal government borrowed.
There is no escaping the debts we have amassed, and there are reasons to strongly doubt that those who owe will get to stiff creditors via hyperinflation or even sustained inflation.
The effort to “drain the swamp” must extend to your own state capitol. We can't win the battle to restore honest money nationwide unless more victories accrue at the state level.
Mainstream punditry and government spinmeisters give reasons for inflation: supply chain, Putin, Trump. Now "corporate greed is causing inflation" is back in vogue.
James O’Keefe released bombshell footage featuring Aurel Hizmo, who helped write some of Jerome Powell’s speeches and helped push Powell's Fed to embrace Woke politics.
