The Insanity of it All
I do not get here how this New York judge has not dismissed this case, and Bragg has no jurisdiction to prosecute a federal crime, even if it was. [...]
Fed Rates & Minutes
Minutes from the Fed’s May policy meeting showed board members thought that if jobs growth remains healthy with a rebound in investment and consumer spending then rates could rise “soon”, which many took to mean June. The economy has shown some signs of weakness, the Fed still thinks its broad strength would justify winding down its balance sheet, essentially sucking cash out of the system and putting upward pressure on borrowing costs. As long as rates rise, it shows the economy is still holding.
The Fed is more concerned about the stock market. A correction would help ease the upward pressure, but the Fed also realizes that it has to get rates back up because of the looming crisis in State *& Local pension funds.
Keep in mind that as rates rise, so will the problems with fiscal budgets both on the Federal and States levels within the United States and externally it will hurt emerging markets and Europe.
Latest Posts
Major Banks Debanking Christians
Debanking has become a major issue in recent years as institutions feel the current government gives them leeway to discriminate against customers based on their political beliefs. This is happening [...]
Canadian Govt Offers Vaccine Victim Suicide as Compensation for Paralysis
Kayla Pollock, 37, was a healthy woman from Ontario with no medical issues. Everything changed with Kayla took the Moderna mRNA experimental vaccine on January 11, 2022. Four days later, [...]
Lighting Your Fireplace will Be a $500 Fine for CO2 Police
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Fireside.mp4 I remember that growing up, my parents would light the fire on Christmas. We would listen to Christmas music and snuggle up in front of the fire. Now, [...]
