Source – schiffgold.com “…The markets still seem to believe the Federal Reserve can ratchet price inflation back down to 2% while bringing the economy to a relatively soft landing. In his podcast, Peter Schiff throws cold water on this hopeful narrative. He goes through the economic data that came out last week shows that all…
Source – wallstreetonparade.com “…Eight months ago Wall Street On Parade warned our fellow Americans to Brace Yourself for Federally-Insured Bank Failures Caused by Crypto. In that article we explained how federal regulators were twiddling their thumbs as more and more federally-insured banks in the U.S. moved into crypto… Silvergate, a Federally Insured Bank, Just Blew Up from Ties…
Source – internationalman.com “…Perverse as it is, the policies offered to people suffering from inflation create even more inflation. In other words, inflation has a way of perpetuating itself, much like a heroin addiction…For many decades, Argentina has infamously been trapped in a perpetual cycle of hyperinflation and socialism from which it cannot escape. And…
Source – dailyreckoning.com “…Get ready for screaming headlines beginning in about two months. Why? Because the U.S. will be coming up on a double deadline of debt and deficit inflection points…Those who focus on the U.S. national debt (and I’m one of them) keep wondering how long this debt levitation act can go on…We’re accumulating…
Source – ellenbrown.com “…DONALD KOHN (Former Vice Chairman, Board of Governors of the Federal Reserve System and Senior Fellow, Economic Studies Program, Brookings Institution): … It’s a little bit conflicted, right? I mean it’s important that people understand they can be bailed in, but you don’t want a huge run on the institution…The FDIC staff were…
Source – economicprism.com “…“[O]ccasional outbreaks of those two super-contagious diseases, fear and greed, will forever occur in the investment community. The timing of these epidemics will be unpredictable. And the market aberrations produced by them will be equally unpredictable, both as to duration and degree. Therefore, we never try to anticipate the arrival or departure…
Source – rumormillnews.com “…Up until 1989, Rayelan lived what appeared to be an idyllic life on the Monterey Peninsula. How did this idyllic life turn from a fairytale into a nightmare?…In the next two years, six more attempts were made to kill her. On Christmas Eve, 1992, she sat in her darkened room, with a…
Source – usawatchdog.com “…War checks all the boxes? Armstrong says, “Absolutely”… They get to default on all this debt which is the real objective. That’s why (Klaus) Schwab is out there saying you’ll own nothing and be happy. He’s trying to make it sound like they are doing this for you. We are going to default on all…
Source – goldmoney.com “…This article explains how one part of the global economy can thrive while the other collapses…As well as using gold to undermine the western currency system, a return to a credible gold standard has significant advantages for Russia and for her allies in the Shanghai Cooperation Organisation, the Eurasian Economic Union, BRICS+, and all…
Source – unz.com “…Roubini is fingering geopolitics for de-dollarization. In a quite recent article entitled “A bipolar currency regime will replace the dollar’s exorbitant privilege,” he mentions that the emergence of central bank digital currencies outside the imperial core are importantly contributing to de-dollarization…Zoltan Pozsar – he wrote a fairly controversial piece that made the…
Source – oftwominds.com “…No one who benefits from the Moral Hazard Casino Economy believes it’s no longer sustainable. All the gamblers, big and small, are confident the Federal Reserve and other central banks can cover any losses and make good whatever befalls the casino. The hubris of the punters, big and small, is essentially infinite…this…
Source – usawatchdog.com “…We have a 1930’s style deflationary depression, which is what happens if we keep raising interest rates. Or, a Weimar Germany kind of hyperinflation, which is what happens if we try to inflate our way out of our current debt problems. And that’s it. This is not something on the distant horizon…
Source – gizadeathstar.com “…Wyoming Senate Votes to Hold, Invest, and Receive Tax Payments in Gold and Silver. In other words, Wyoming, if the bill passes, would become the first state to accept actual specie in formal payment of state taxes. This would require, of course, its own bullion depository, but also a mechanism to determine…
Source – propublica.org “…Don’t get tricked into paying for tax prep if you don’t have to. Learn how the biggest tax preparation companies have suppressed free filing options for years…Under the Free File agreement, Americans who make less than $73,000 per year should be able to file their taxes for free with one of the…
Source – thecradle.co “…News of Russian banks connecting to Iran’s financial messaging system strengthens the resistance against US-imposed sanctions on both countries and accelerates global de-dollarization….It is no wonder the Global South is paying very close attention. This is likely to become a landmark case in bypassing Belgium-based SWIFT – which is essentially controlled by…
Source – sovereignman.com “…California has said bye bye to hundreds of thousands of residents over the past few years since the start of the pandemic. This isn’t a huge number in terms of the state’s overall population. The problem is, though, that a huge percentage of these people fleeing California are wealthy, high-income earners.In other…
Source – oftwominds.com “…If all investments are being cast into Treacherous Waters, our investment strategy must adapt accordingly. Once we set aside denial and magical thinking as strategies and accept that we’re in treacherous waters, a prudent starting point is to discern the most consequential contexts of all decisions about where and how we invest…
Source – internationalman.com ‘…Brainard said at a conference hosted by The Clearing House and Bank Policy Institute in New York. “Monetary policy will need to be restrictive for some time to provide confidence that inflation is moving down to target. The rapidity of the tightening cycle and its global nature, as well as the uncertainty…
Source – mises.org “…Thrifty people like our grandparents, generation after generation, bequeathed to us an almost unimaginable world of affordable food, water, habitation, transportation, communication, medicine, and material goods of every kind. They did this out of love and sacrifice, but they also did it because the monetary system rewarded saving. Today, the opposite is…
Source – eurasiareview.com “…How large of a shift is this? With the increasingly frequent Saudi comments about trading in nondollar currencies, we’ve also seen an increasing number of pundits announcing the “collapse” of the dollar or the imminent implosion of the dollar’s currently outsized global power. Will a shift away from the dollar in the global…
Source – oftwominds.com “…Housing is notoriously “sticky” when it comes to price declines, as sellers show remarkable tenacity in the denial phase. The last few greater fools buying on the first modest decline spur the hopes of sellers that the flood of mania-driven buyers is about to resume, but manias don’t last nor do they…
Source – moderndiplomacy.eu “…If Saudi Arabia, Egypt, Iran, Argentina, Turkey become the member of BRICS, it will enormous impact on the World order and global economy…De-Dollarization will deteriorate the U.S.A capability to alter the behavior its opponents. If BRICS continuously expand, China will easily promote its agenda and grand strategy in the world” The Prolongation…
Source – alt-market.us “…In 2017 I noted that: “I believe the next phase of the global economic reset will begin in part with the breaking of petrodollar dominance. An important element of my analysis on the strategic shift away from the petrodollar has been the symbiosis between the U.S. and Saudi Arabia. Saudi Arabia has…
Source – journal-neo.org “…As a recent title so appropriately reflects, Bretton Woods II ended today, with China and much of the oil producing world beating the Americans at their own game. The dollar-for-oil monopoly was the lynchpin of Bretton Woods II’s stability, so it follows that Bretton Woods as we knew it just ended, and…
Source – home.solari.com “…FINANCE YOUR FRIENDS, NOT YOUR ENEMIES. Start reducing your number of online and digital financial transactions and evolve away whenever possible from relying on or investing in the fintech and credit card companies that are financing and promoting digital IDs, vaccine or health passports, and CBDCs. Financing your local farmer or farm distribution…
Source – thecradle.co “…All that is happening as Ukraine – a huge chasm at a critical junction of the New Silk Road blocking off Europe from Russia/China – slowly but surely disappears into a black void. The Empire may have gobbled up Europe for now, but what really matters geoeconomically, is how the absolute majority…
Source – quoththeraven.substack.com “The dollar hegemony is right about ready to break when you realize that Saudi Arabia is about to join the BRIC nations. Do you think Biden is going to fly there to ask for more oil? He went there to beg them not to join BRIC.”…it appears Saudi Arabia has just issued…
Source – economicprism.com “…A retiree should expect the purchasing power of their savings to be cut in half at least once – possibly twice. This, in essence, is how you’ll pay for Washington’s massive debts and unfunded liabilities. The Medicaid scam is but one example of the servitude you’re indentured to…With hard work, diligence, unending…
Source – internationalman.com “…Like the platypus, Bitcoin is an entirely new animal. That’s why Bitcoin confuses many people, including prominent investment professionals….Bitcoin has no CEO, no marketing department, and no employees…I think Bitcoin has revolutionary implications, as much or more than the printing press, the invention of gunpowder, the Internet, and other historical innovations that…
Source – internationalman.com “…The implication is straightforward. To wit, the Fed doesn’t need a pro-inflation target of 2.00% per annum. Nor does it need any of its other macroeconomic targets for unemployment, jobs growth, actual versus potential GDP or the rest of the Keynesian policy apparatus. All of those variables are the job of the…
Source – opendemocracy.net “…BlackRock – a well-connected, influential and hugely profitable pillar of global capitalism – made the predictions in its ‘2023 Global Investment Outlook’ report. It states: “The Great Moderation, the four-decade period of largely stable activity and inflation, is behind us….Instead, BlackRock forecasts a new regime with a “brutal trade-off” – falling living standards for the…
Source – cointelegraph.com “…Many blamed the deaths on the billionaires’ past, while others suspected some form of foul play and even execution….The spiral started toward the end of October 2022 when Nikolai Mushegian, co-founder of MakerDAO, was found dead on a Puerto Rican beach just hours after tweeting that intelligence agencies were after him. The…
Source – americanthinker.com “…What do you think is going to happen in 2023 as real-estate prices fall because mortgage rates have doubled? And what do you think is going to happen in 2023 to corporations that have been paying almost nothing for short-term money, and all of a sudden they have to pay 4-5 percent?…
