Those Who F***ed With Joe Biden
My late uncle once told me that there are four kinds of people in the world. The gifted who are aware of their gifts, the gifted who are unaware of their gifts, the imbeciles who know of their imbecility, and finally the imbeciles who are unaware of their imbecility. “Beware of the fourth kind, always,”…
Obama’s Fed Chairman Ben Bernanke Now Warning Of Coming Stagflation Under Biden
Obama’s Fed Chairman Ben Bernanke is now warning that stagflation is coming under Joe Biden. Bernanke is the latest in a line of former Obama officials to issue warnings about where the economy is headed under Biden. This may be the worst one so far however, because of what Bernanke is predicting. This is not…
NYC Mayor Eric Adams GETS CURSED OUT BY FURIOUS Fed Up New Yorkers! Caution- EXPLICIT VIDEO!
“Apparently there are two sets of rules (not laws enacted by the legislature as required), one set of rules for Adams friends and supporters, and another set of rules for the lowly serfs,” said Kopel. “Maybe Adams wants free tickets to Yankees and Nets games?” Earlier in the days city workers had held a demonstration…
Rumors Swirling of an Emergency Fed Rate Hike as Early as Today or Monday “Because Inflation Is Getting Out of Hand”
Justin Malonson is a successful author, investigative reporter and the host of the Freedom Not Control Radio Show. As a serial entrepreneur with a strong background in software development Justin is one of the most highly sought-after tech entrepreneurs today.
Biden Picks Powell to Lead Fed for a 2nd Term, Brainard Nominated as Vice Chair
President Joe Biden has picked Federal Reserve Chair Jerome Powell to serve a second four-year term at the helm of the central bank, while nominating Lael Brainard, the only Democrat on the Fed’s seven-member board, to serve as second-in-command at the Fed. The White House announced Biden’s decision in a Nov. 22 release, ending weeks of speculation around who…
EXCLUSIVE: Biden Administration Sending Afghans to Swing States Where They Will Be Housed and Fed
The Biden/Obama Administration is using their Afghanistan mess to further change the United States away from a Judeo Christian entity into a nation more to their liking. The Biden/Obama Administration is now shipping Afghans who were lucky enough to escape their country into swing states and states the corrupt and criminal Democrats want to turn…
A Future US Digital Currency Might Give the FED the Power to Approve Your Mortgage Based on Factors Other than Credit Worthiness
WARNING: A Future US Digital Currency Might Give the FED the Power to Approve Your Mortgage Based on Factors Other than Credit Worthiness Tap here to add The Western Journal to your home screen.
The Fed Sent $838 Billion in "Profits" To The Treasury In Past Decade
On Monday, the nexus of reserve currency helicopter money, the Federal Reserve, announced that it had sent $88.5 billion in so-called “profits” (i.e., interest income from all those bonds it “purchased” after creating digital money out of thing digital air) to the U.S. Treasury Department in 2020, a 61% increase from the previous year as…
Eurodollar Curve Chaos As Fed Does "Full 360 Degree" In Tapering Debate
As Deutsche Bank’s Jim Reid writes in his EMR report, “the big theme yesterday was a big intraday swing in rates as the European session saw yields rise everywhere but with this more than reversing late in the US session.” The rally back seemed to start just ahead of the latest Treasury auction and accelerated…
Fed Returns $42 Billion To Treasury For Terminated Emergency Programs
At the end of 2020, Steven Mnuchin created a mini media tempest (in a teapot) when he demanded that the Fed return tens of billions in unused funds backstopping the central bank’s various emergency, 13(3) programs. While the news spark a mini furore in financial circles and in Congress where reps and Senators scrambled to…
FOMC Minutes Show Fed Discussing 2013-Like Taper To Bond-Purchases
Two days after Atlanta Fed President Raphael Bostic says the central bank might taper its bond purchases later this year if the distribution of vaccines boosts the U.S. economic outlook. “I am hopeful that in fairly short order we can start to recalibrate,” Bostic said in an interview with Reuters Monday “If we determine things have strengthened…
Will The Fed Destroy The Dollar?
Authored by Adam Taggart via PeakProsperity.com, The Federal Reserve’s official target rate of inflation is 2% per year. Put another way, that means that if the Fed hits its target, the value of today’s dollar will only be worth around a third of its current value in 50 years. Think that can’t happen? It already…
Will The Fed Lose Control In 2021?
Authored by Alasdair Macleod via GoldMoney.com, The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s declining trend is already well established against other currencies and commodities, leading to this outcome. Events in 2021 will be the consequence of a developing…
"People Are Fed Up": California Out Of Excuses As Coronavirus Defies Militant Lockdowns
California’s response to COVID-19 ranks slightly below China welding people inside apartment buildings in terms of militancy, yet the for all the measures taken by the Golden State, it’s become one of the nation’s worst epicenters for the pandemic, according to Politico. Registered Nurse Allison Shiftar puts on protective glasses as she gets ready to…
On Yellen's "Arranged Marriage" To The Fed
On Yellen’s “Arranged Marriage” To The Fed Tyler Durden Sat, 12/19/2020 – 14:30 …by the end of her term as Treasury Secretary, the economy, and the markets, will be littered with corpses of more “monetary policy errors”…
What Would Happen If The Fed Ceased To Exist?
Authored by Charles Hugh Smith via OfTwoMinds blog, Extremes get more extreme until risk breaks out; then the reversal will be as extreme as the bubble expansion. What would happen if the Federal Reserve ceased to exist? We all know the answer: global markets would instantly collapse and the global financial system, now entirely dependent on…
Dollar Drops As Gold & Crypto Pop On Fed Flop, Washington Slop
Close to close prices hide what was a very noisy day in the markets with bonds, the dollar, and the broadest stock index flat-ish until some last minute malarkey. Headline hockey between The Fed “flop” – not delivering the QE Twist that so many had hoped for (but promising more will come) – and the…
Fed Leaves All Policies Unchanged, Will Keep QE Until “Substantial Further Progress” Made
Since the last FOMC Statement on November 5th (right after the election and as the vaccine headlines hit), stocks have screamed higher led by inflation-sensitive small caps… Source: Bloomberg But it is Bitcoin that has really screamed higher (up36%) since the November Fed (with Gold, the dollar, and bonds all down around 2-3%)… Source: Bloomberg…
Global Stocks Hit All Time High On Stimulus Optimism Ahead Of Fed Meeting
Another overnight session, and – predictably – futures are higher in keeping with the most glaringly obvious market trend since 2016 of stocks surging during overnight US trading (while trading flat in regular trading hours)… … alongside world stocks which rose to a fresh record high on Wednesday ahead of today’s Fed meeting – the…
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