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Why Economists And Citizens Have Different Inflation Realities
26.06.2024, 17:06 Uhr. ZeroHedge News - https: - Why Economists And Citizens Have Different Inflation Realities Authored by Michael Lebowitz via RealInvestmentAdvice.com, The Fed and economists are encouraged because CPI is down to 3.3% from a high of nearly 9% in 2022. Despite the Fed’s “significant progress” in lowering inflation, most citizens are outraged and confused by economists’ relatively...
You Can't Taper A Ponzi Scheme
26.06.2024, 15:25 Uhr. ZeroHedge News - https: - You Can't Taper A Ponzi Scheme Authored by Nick Giambruno via InternationalMan.com, “You can’t taper a Ponzi scheme.” Financial commentator and Bitcoin pioneer Max Keiser originally said these simple yet profound words. A Ponzi scheme is an unsustainable scam that relies on a continuous influx of new money to keep it going. The scheme collapses...
Futures Fade Despite Continued Tech Meltup, Japanese Yen Craters
26.06.2024, 14:20 Uhr. ZeroHedge News - https: - Futures Fade Despite Continued Tech Meltup, Japanese Yen Craters Futures are trading modestly in the red near sessions lows, erasing earlier gains of as much as 0.2% even as gigacap tech stocks continue their meltup higher. At 8:00am ET, S&P futures were down 0.1%, while Nasdaq futures were still green, rising 0.1% but also fading their earlier gains...
Michael Bloomberg Sends $19 Million To Pro-Biden PAC: Filings
26.06.2024, 11:45 Uhr. ZeroHedge News - https: - Michael Bloomberg Sends $19 Million To Pro-Biden PAC: Filings Authored by Austin Alonzo via The Epoch Times (emphasis ours), Michael Bloomberg, one of the most prominent liberal donors in the United States, is throwing his financial weight behind President Joe Biden. Former New York City Mayor Michael Bloomberg attends an event in New York City on Feb...
Is China Hiding How Much Gold It Really Has?
26.06.2024, 03:40 Uhr. ZeroHedge News - https: - Is China Hiding How Much Gold It Really Has? Authored by Mike Maharrey via Money Metals, A few weeks ago, gold sold off on news that the People’s Bank of China didn’t add any gold to its reserves in May. At the time, I called it a “kneejerk reaction,” and said the news wasn’t “a particularly good reason to sell gold.” “The fact the PBoC...
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