Government Recycles 1970s Inflation Propaganda – Ep 751
Janet Yellen lies to the nation. The Fed doesn’t want to let the peoples’ cost of living decrease. 2% inflation isn’t a target; it’s a
Janet Yellen lies to the nation. The Fed doesn’t want to let the peoples’ cost of living decrease. 2% inflation isn’t a target; it’s a
CPI data heavily contradicts Fed’s transitory inflation narrative. Reagan was more popular during a recession than Biden is during this “booming” economy. The government has
Supply shortages exacerbated by consumers reading the inflation writing on the wall. Gas prices at the pump close to all time record highs in most
Press knows Biden doesn’t have the aptitude to even answer softball questions. Record high stock market eyes blue skies ahead. As Peloton bikes become overpriced
Nasdaq and S&P finish the week strong. Robinhood closes the week near its all time low. Newmont leads gold mining stocks lower. Gold mines don’t
US dollar would tank if traders understood implications of economic data. Trade deficit continues to break records month after month. Strong economies have trade surpluses;
Elon Musk needs a rocket ship to find Tesla’s PE. Bakkt Holdings rises on crypto partnership with MasterCard. Jack Dorsey warns of imminent hyperinflation. Stanley
Netflix and Tesla stocks make all time highs. Trump SPAC makes a splash. Investors buying WeWork SPAC are putting lipstick on a pig. Gold price
Bonds are never a safe haven against inflation. Consumers can’t afford to buy houses for what it costs builders to construct them. Zillow bails on
Markets turn risk on. Producer prices rise to levels not seen since peak inflation of the 1970s. Inflation is double the Fed’s benchmark now and