Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
World Dollar Debt up 5.2% – World Euro Debt Up 10.5%
The Bank for International Settlements (BIS) has reported exactly what we have been warning about – the explosion in dollar-denominated debt outside the USA which means a rise in the dollar will see a massive debt crisis. The total volume of US dollar-denominated debt outside the US increased significantly. The BIS reported that the volume of dollar debt of sovereigns and non-financial corporations has risen by 5.2% between September 2016 and September 2017, to around $9 trillion. Euro debt increased even more by 10.5% rising to €2.9 trillion euros. Liabilities denominated in Japanese yen rose 3.3% to ¥48.3 trillion yen.
Latest Posts
AstraZeneca Admits Vaccine Had Lethal Side Effect
Vaccine manufacturers and health agencies have been silently admitting that their “safe and effective” COVID-19 mRNA vaccines have deadly side effects. AstraZeneca (AZN) is the latest manufacturer to admit that [...]
Neocons & their Hatred of all Russians – Destruction of Nord Stream
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Neocon-Nord-Stream.mp4 Former CIA analyst Larry Johnson explains that there is a mountain of evidence confirming that the American Neocons were behind the destruction of Nord Stream sabotage of September 26th, [...]
PRIVATE BLOG – Interest Rates & Fed Policy
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