Every single time the so-called would-be elite put themselves in a position to interact with the public, the public tears them apart. This is why the powers-that-shouldn't-be are scared to death of a fair fight on an even playing field. They lose every time.
... why listen to the nattering nabobs of negativity out in the blogosphere with their endless litany of facts and details when we have the pronouncements of the Oracle in Washington herself to base our judgement on?
...the blockchain can be used to create digital currencies that represent the very vision of a totalitarian tyrant’s wildest wet dream.
For 21 trillion to be missing it had to come from somewhere. Amen. 21 trillion isn’t chicken feed. That’s more than our entire US GDP for a year. So where did it come from, to go missing? Ahh, that’s the creepy part folks.
As always, the people know that the markets are rigged, that the dollar is a paper promise with nothing to back it up, and that the central bankers and their financier cronies are not the "Wizards of Wall Street" but the "Wizard of Oz," i.e., little men behind a curtain desperately trying to distract the public with their hocus pocus parlor tricks.
Logic says this had to end. History says it’s got to end. And yet they keep finding rabbits. I’ll be the first to admit, that I NEVER thought they could kick the cans down the road as far as they have. Yet, here we are.
...we are living in a weird inverse economic reality where cause does not follow effect and nothing does make rational sense. It's a magical world created by the wizards of Wall Street, and, to the extent that we participate in their system by using their monopoly money and investing in their rigged markets, they will continue bending those markets to their will...
Quantitative Tightening means that all those dollars that were thrown around the world over the past decade are now being sucked back into the US.
Is simply stopping rate hikes and stopping liquidity draining, going to be enough to avert the recession? OR… is it already baked in the cake, and hike or no hike, we’re getting a recession this year?
Massive Fed intervention in the markets is back with a $161-billion-a-week vengeance, and needless to say it's going to be exploding on the markets like an atom bomb.
Fed money does NOT kill corona virus. Fed money does NOT make people go shopping. So the Fed’s know this, and they wonder “do we shoot our ammunition at this thing, knowing it won’t do jack squat??” I think their answer is no.
A coming crisis will likely be triggered by a collapse in the dollar’s value and a rejection of the dollar’s world reserve currency status.
...monetary policy still operates under the existing assumption that such a tradeoff - i.e., a strong labor market and stable prices - actually exists.
To this day, to be officially counted as unemployed, you need to be earning no money at all, and you need to be actively looking for work.