“Higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.” This is how on the 5th of November 2010 the almighty Ben Bernanke himself was…
Category:Inflation
THE PROOF THAT THE US BLS IS MAKING UP NUMBERS OUT OF THIN AIR
By now we know that US BLS data are totally unrealistic for anyone who lives in the real world. My goal in this article is to demonstrate how, after 2020, the BLS has been literally making up numbers that go against any law of statistics. First of all, let’s start…
HOW LOW WILL THE EUR SINK THIS TIME?
Last week, the European Central Bank (#ECB) didn’t make a policy mistake. As we discussed in “AFTER JAPAN, NOW IT’S EUROPE’S TURN TO SACRIFICE ITSELF TO KEEP THE US MARKET BUBBLE ALIVE UNTIL THE ELECTIONS”, they simply acted to serve the US Federal Reserve (#FED) interests. The market now expects…
HOW TO TAKE ADVANTAGE OF DUMB (CENTRAL BANKS) AND DUMBER (GOVERNMENTS)
Have you ever watched the movie “Dumb and Dumber”? If you have not, you should. If that’s not your genre, at least do me a favor and watch this 41-second video clip here before reading this article. “That’s as good as money sir, those are IOUs”, isn’t this sentence striking…
AFTER JAPAN, NOW IT’S EUROPE’S TURN TO SACRIFICE ITSELF TO KEEP THE US MARKET BUBBLE ALIVE UNTIL THE ELECTIONS
At the European Central Bank (#ECB), they are so adamant about cutting rates lately that they are barely sparing a single day to remind markets about it (The time is ripe to cut interest rates next week, European Central Bank’s Rehn says). But, why such a rush when, even according…
WHO ARE TODAY’S “NINJA” SUBPRIME LENDERS? SHOCKINGLY… PENSION FUNDS
Over the past few weeks, I have been delving into the “buy now pay later” (BNPL) phenomenon to determine the extent to which this sector could pose a risk to the financial system. Firstly, BNPL is not a “new thing” at all, but rather, it is the evolution of what…
NORINCHUKIN BANK OFFICIALLY JOINS THE LIST OF BANK OF JAPAN’S NIGHTMARES
Late last year, the #FED quietly added a very unique institution to its Standing REPO Facility: #Norinchukin Bank. Like every other news against the MSM narrative, this event was quickly brushed away from public attention. In the article “WHY IS THE FED PREPARING TO BAIL OUT A JAPANESE BANK? BECAUSE…
BECAUSE FOREIGN INVESTORS CANNOT KEEP PACE WITH THE US BALLOONING DEBT, WHY, WITHOUT #FED QE, JANET YELLEN ONLY ALTERNATIVE IS TO FORCE US PEOPLE TO BUY US TREASURIES.
Yesterday, the news that #China PBOC sold its largest amount of US Treasury reserves ever was not a shock. It was expected to happen sooner or later considering the state of the relationship between the two countries lately. Nevertheless, it was big news. At this point, I started to dig…
U.S. INVESTORS ARE THE DANCING PALLBEARES (AND THE AMERICAN DREAM IS THE ONE IN THE COFFIN)
The past 24 hours have been an absolute display of ridicule that the human mind could not contemplate a few years ago, but the Quantitative Easing fairy dust apparently makes every dream come true. I believe this CNBC article is the best example of incoherence between markets and reality: “CPI…
THIS LAST BURST OF QUANTITATIVE EASING WILL ACCELERATE THE OVERALL MONETARY IMPLOSION ALREADY UNFOLDING
Yes, quantitative easing is what just happened under everyone’s nose. The #JPY interventions of this past week effectively injected about 100 billion #USD into the global financial system that previously was not circulating. Why? Because #Japan MOF selling reserves to fetch #USD that can then be sold in the market…