(John Solomon) Treasury Secretary Janet Yellen acknowledged Saturday that inflation was growing and could peak as high as 3 percent this year as the economy recovers from the pandemic, but she insisted there was no need for alarm.
economy
Impending Price Explosion In Silver?
(We Love Trump) Almost every single day I am bringing you warnings that many experts believe silver is about to break 40 years (!!) of price suppression and explode in price! Over the last 40 years, almost everything in life has gotten more expensive….a LOT more expensive! 40 years ago, a very nice car was $30,000. We’re talking primo! Today?
US Mint Postpones Silver Coin Pre-orders amid Global Silver Shortage
(Virgilio Marin) The United States Mintdelayed pre-sales of its non-circulating silver coins amid a global silver shortage. In a statement on May 27, the bureau said that its supply of silver blanks is not able to keep up with the demand for its coins.
The Abuse of Public Debt—and How It Sets the Stage for Economic Disaster
(Daniel Fernández Méndez) The 2020–21 recession has been devastating for the global economy. It has been ninety years since the global economy last suffered through a recession of this magnitude (in the Great Depression). Nonetheless, it seems that the social effects of the current recession have not yet come about. The reason for this disparity between cold macroeconomic data and popular sentiment can be found in the enormous public spending by practically all of the countries in the world.1
In Less Than Two Weeks, Millions of Americans Will Lose Unemployment Benefits
(John Titor) With at least 24 GOP-led states set to end federal unemployment assistance before they’re set to expire on Sept. 6, millions of Americans are going to need to dust off those resumes and start helping reduce the massive job shortage after being paid to stay home for over a year.
We Just Got Even More Proof Inflation is On the Rise
(Brad Polumbo) The most widely-used metric for price inflation hit a 12-year high in mid-May, showing that prices had risen 4.2 percent over a year. But some argued this was just a one-off outlier, not indicative of a broader trend or serious problem stemming from runaway government spending and money-printing.
2020 Exploded The Myth About Left Wing Love Of The Poor
(Jeffrey Tucker) An axiom everyone picks up in college – and in nearly the whole of media culture too – is that people who favor a market economy disregard everyone but the privileged rich (itself a euphemism). It’s a great rhetorical trick because the presumption keeps backers of freedom on the hot seat, permanently.
Tale of Two Economies: Red States Roaring, Blue States Beset by High Unemployment
(Just The News) Of the 31 states that had unemployment rates lower than the U.S. national average of 6.1%, the overwhelming majority, 26, are Republican-led states.
CAUGHT ON VIDEO: Buttigieg Flops…Asked to Explain Huge Amount of Unrelated Spending in Infrastructure Bill…”We Think These Things Fit Together”
(Leisa Audette) Oh boy! Biden’s Secretary of Transportation Pete Buttigieg was caught in a pickle this morning on Fox News. He could not define exactly what qualifies as infrastructure because, according to him, just about anything can be infrastructure.
Biden Failure: Memorial Day Gas Prices To Be Highest In Seven Years
(ProTrumpNews Staff) Biden continues his destruction of America.
A JPMorgan Icon Quits, And Has Some Parting Words About Cryptocurrencies
(Tyler Durden) For the better part of the past decade, Wall Street traders would end their week with at least a casual glance at JPMorgan’s closely-followed cross-asset report written every week by the bank’s top x-asset strategist, John Normand. But not any more: as Normand wrote in his May 21 note published last Friday, “this is my last research note and video, as I am moving on after 24 years.” In his note, Normand discusses lessons “learned in over two decades with JPM Research, covering cross-asset strategy/asset allocation, Currencies, Commodities and Fixed Income” a period “which covers four business cycles, three US/global recessions and four financial crises (that didn’t cause US recessions), plus hundreds of weekly reports and client meetings.”
Money Out Of THICK Air & Hidden Financing Statements
(Scott B) You’ve probably heard the saying ‘printing money out of THIN air’ – and most likely you’ve heard it regarding todays banksters. It’s blamed for many things, most commonly the seeming ability by banksters to print money from nowhere…
BANKS FAILING: Fed Struggling To Maintain Control, Silver About To Go Vertical?
(Noah) This is a Red Alert folks! Don’t say I didn’t warn you…. The overnight repo rate is a key indicator of a monetary system on the verge of collapse.
The Biden Administration Overturns Trump Policy with Another Major Job Destroying Action
(Kyle Becker) The Biden administration appears intent to make it as hard as possible for the U.S. economy to create jobs. On Wednesday, it rescinded a Trump-era rule that allowed businesses to designate workers as independent contractors instead of employees.
Is the World Economic Forum’s ‘Cyber Polygon 2020’ Predicting an Upcoming Internet Attack?
(Joe Hoft) After COVID-19 should we be worried about a world cyberattack that impacts the Internet and shuts it down?