Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
There are regular meetings, statements, and conferences with the Fed. Largely they’re predictable events. We knew this was coming but the implications are not well understood. Look, let’s be honest. The Federal Reserve, run by wealthy people, doing tasks for ultra wealthy people lurking in the shadows, do not care about the public. That’s documented. That’s well understood by those who pay attention. Up until a few years ago, the Fed intervening in the markets was supposed to be a temporary event. Today however, the more the better. And that’s truly disheartening, knowing what happens in 100% of historical cases.
Powell announces new Fed approach to inflation that could keep rates lower for longer
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Fed Chair Jerome Powell at Jackson Hole: New Approach to Inflation, Unemployment – Bloomberg
Unemployment Claims Remain Historically High – WSJ
https://www.wsj.com/articles/unemployment-benefits-jobless-claims-08-27-2020-11598481716
America’s Coming Double Dip by Stephen S. Roach – Project Syndicate
https://www.project-syndicate.org/commentary/pandemic-impact-on-demand-stifles-us-recovery-by-stephen-s-roach-2020-08
Ultra-Rich Club Stockpiles Cash as U.S. Economy Fears Grow – Bloomberg
Gold Is Bigger Bubble Than Tech, Says $63 Billion Asset Manager
https://www.fa-mag.com/news/gold-is-bigger-bubble-than-tech–says–63-billion-asset-manager-57691.html
(13) Quoth the Raven on Twitter:
“Bezos got $86 billion richer this year while 30 mil were out of work, putting his net worth over $200 bil. Directly a result of the Fed printing trillions to prop up the stock market, while giving most people $1,200. Fed policy doesn’t help us, it WIDENS the inequality gap.” / Twitter
https://twitter.com/QTRResearch/status/1298737090172157952
(13) Holger Zschaepitz on Twitter:
“Biggest experiment in monetary history: Central banks are almost engaged in a battle over who can rumble their printing presses the loudest. SNB and Bank of Japan lead the race. https://t.co/JQ9h46vXib” / Twitter
Holger Zschaepitz on Twitter: “Biggest experiment in monetary history: Central banks are almost engaged in a battle over who can rumble their printing presses the loudest. SNB and Bank of Japan lead the race. pic.twitter.com/JQ9h46vXib / Twitter”
Biggest experiment in monetary history: Central banks are almost engaged in a battle over who can rumble their printing presses the loudest. SNB and Bank of Japan lead the race. pic.twitter.com/JQ9h46vXib
(13) Carl Quintanilla on Twitter:
“This is nuts. (via @DPitt83) https://t.co/QiDIIw4ybd” / Twitter
Carl Quintanilla on Twitter: “This is nuts.(via @DPitt83) pic.twitter.com/QiDIIw4ybd / Twitter”
This is nuts.(via @DPitt83) pic.twitter.com/QiDIIw4ybd
(13) StockCats on Twitter:
“https://t.co/BVPty17kdL” / Twitter
https://twitter.com/StockCats/status/1298688808926445571/photo/1
NYC Subway Is in Survival Mode MTA CEO Pat Foye Warns, Seeks Federal Aid – Bloomberg
The price of lumber soars to unprecedented level | WKRN News 2
The price of lumber soars to unprecedented level
Demand is high and supply is low, meaning, prices continue to soar. So, if you’re planning to build a deck, fence or house this fall, you may want to think twice .
With no buyer in sight, Lord & Taylor liquidates all stores | Retail Dive
With no buyer in sight, Lord & Taylor liquidates all stores
All 38 locations are going out of business after the pandemic shredded hopes of a comeback for the 200-year-old retailer.
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.The financial system requires ever-increasing levels of debt. The stock market require more and more debt. The average person needs it as well. There has never been a time in history where this much debt has been punishing the structure that they’ve created. There’s no way this ends well.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
Do you think that REAL deflation will come through before hyperinflation?
#TheMoneyGPS
Real inflation is already here. Anyone who goes to the local supermarket can tell you that. What used to cost $200 in early January 2020 today its $300 for the same items. The only thing that has not risen is wages.
If hyperinflation occurs that will definitely erode the US debt, but it will have the same result on the economy and overnight the US dollar will no longer be the world reserve currency. That’s when the real show comes on line.