inflation

The Federal Reserve is setting up a colossal crash and, when it happens, the cost will be paid by average citizens, many of whom will be forced into bread lines and tents under bridges.

Federal Reserve Chairman Jerome Powell cut interest rates to zero, launched unlimited quantitative easing (money creation), has committed to buy $1-trillion in Treasury Bonds and mortgage-backed securities, and municipal bonds. All this adds up to a death warrant for the American economy.

Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away Dec. 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial. “He restored credibility to the Federal Reserve at […]

The Iranian economy, battered from Western sanctions, took a huge dive after the Government heavily changed its fixed pricing of fuel on Friday, under the pretext of “diverting funds” to help the poor. Last week, drivers were allotted up to 250 liters a month at the pump for a controlled price of 10,000 rials per liter. Friday the situation radically changed to an allowance of 60 liters per month at 15,000 rials a liter [12 Euro cents]. Additional liters above the threshold cost 30,000 rials.

G. Edward Griffin reveals why the bankers are flooding the economy with money in anticipation of a global collapse. He poses thought-provoking questions about how President Trump was elected, his relationship with Henry Kissinger and George Soros, and his reversal on campaign promises and early accomplishments.

If $120-billion loan one day is replaced by another $120-billion loan the next day, the result is that the constant money supply has been increased by that amount. Since the long-standing pattern is for the size of these loans to continually increase, the inflationary effect is undeniable.

Authored by Serban V.C. Enache via Hereticus Economicus:

Zimbabwe is once again facing rampant inflation, a rate of almost 100 percent recorded in the month of May.

Source : Le Blog Mediapart, Hannoun Hervé, 24-05-2019

Authored by Serban V.C. Enache via Hereticus Economicus:

The general elections in Brazil on October 7 come amid recent upheavals which have resulted in a sharp political divide, with a large portion of the population either defending the idols they see as persecuted, or turning to the right in an attempt to escape the left they see as fully responsible for corruption and graft.
Meanwhile, a large percentage of the electorate are reeling in horror at the thought of voting for either of the two frontrunners.