Fears that Rishi Sunak's recent watering down of green targets will economically harm the U.K. are unfounded, says Ross Clark. If anything, it will do the opposite.
The post “Net Zero Fanaticism Won’t Attract Investment to Britain” appeared first on The Daily Sceptic.
The Chancellor Jeremy Hunt has admitted for the first time that the massive money printing in the pandemic – more than in the whole previous decade – is behind the current sky-high inflation.
The post Chancellor Admits Mass Money Printing During Lockdown is Behind Inflation appeared first on The Daily Sceptic.
Last year, Joe Biden – or whoever is really running America (into the ground) – promised to forgive a massive amount in student loans. This was a self-serving promise that he knew would be ruled unconstitutional, and which he could blame on the Republicans. Although this was hyped as forgiveness, it wasn’t, rather he was […]
Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest banks) to bail in or expropriate their […]
Our forefathers turned their debts into currency. That Constitutional approach could work today. On Friday, Jan. 13, Treasury Secretary Janet Yellen wrote to Congress that the U.S. government will hit its borrowing limit on Jan. 19, forcing the new Congress into negotiations over the debt limit much sooner than expected. She said she will use accounting maneuvers […]
The Real Goal of Fed Policy: Breaking Inflation, the Middle Class or the Bubble Economy? “There is no sense that inflation is coming down,” said Federal Reserve Chairman Jerome Powell at a November 2 press conference, — this despite eight months of aggressive interest rate hikes and “quantitative tightening.” On November 30, the stock market rallied when he […]
21WIRE + Zero Hedge | Our governments become very adept at downplaying the true rate of inflation.
The Fed’s policy tools – interest rate manipulation, quantitative easing, and “Special Purpose Vehicles” – have all failed to revive local economies suffering from government-mandated shutdowns. The Fed must rely on private banks to inject credit into Main Street, and private banks are currently unable or unwilling to do it. The tools the Fed actually […]
A few weeks ago I blogged about the emergence of a local currency in Tenino, Washington. (See https://gizadeathstar.com/2020/07/a-fly-in-the-globalist-ointment-local…) In that blog, I speculated on […]
The post LIQUIDITY, QUANTITATIVE EASING, AND LOCAL CURRENCIES appeared first on The Giza Death Star.
A central bank-financed UBI can fill the debt gap, providing a vital safety net while preventing cyclical recessions. According to an April 6 article on CNBC.com, Spain is slated to become the first country in Europe to introduce a universal basic income (UBI) on a long-term basis. Spain’s Minister for Economic Affairs has announced plans […]
