The Fed Has Made Zero Progress Fighting Inflation – Ep 847
· Bank of England has Wall Street questioning the Fed. · Consumers are spending and borrowing more than ever. · Oil prices rise on OPEC+
· Bank of England has Wall Street questioning the Fed. · Consumers are spending and borrowing more than ever. · Oil prices rise on OPEC+
· Peter Schiff does a live update on the markets, particularly gold and silver prices, plus takes listener questions.
· Market has worst monthly drop since covid began, and worst September since 2008. · Carnival Cruise sinking like the Titanic. · CNBC finally starts
· Bank of England commits to another QE Infinity. · Inflation is here to stay for the British. · Reversals in the dollar and gold
· Huge job losses will lead to imploding earnings and exploding debt service costs. · Gold proving to be an excellent store of value in
· Jerome Powell delivers exactly what the market expects. · State governments’ cash will be depleted. · Ethereum traders bought the rumor and sold the
Jobs numbers disappoint expectations, but Biden brags. Inflation expectations highest since just before 2008 financial crisis. AOC pressures Biden to nominate a more woke Fed
Powell offers no clues on taper timetable. Powell vows to keep interest rates low until QE is finished. Powel blames price increases on exploding demand
Fed will talk about tapering until it can use Delta as an excuse not to. Bitcoin is irrelevant to monetary policy. Accepting Bitcoin for mortgage
Markets spooked by CNBC interview with Boston Fed President. Higher inflation leads to more poverty and a wider wealth gap. Food stamps are really money