Cognitive Dissonance In May of 2006 at the height of the housing bubble, then Fed Chairman Ben Bernanke gave a speech at the Federal Reserve Bank of Chicago’s 42nd Annual Conference on Bank Structure and Competition. https://www.federalreserve.gov/newsevents/speech/bernanke20060518a.htm. In the Q&A session he commented—”Rapid appreciation in house prices has made homeowners feel wealthy and has powered … Read more
Source: Can’t Afford a Vacation? Blame the Fed. – LewRockwell
What the Mamdani mayoral victory means for the rest of the country The Mamdani victory was not an isolated incident that will be limited to the crazy blue coast or just the Burroughs of New York. Bernie Sanders, Alexandria Ocasio-Cortez, and now Zohran Mamdani has the potential to grassroot across America over the next few … Read more
Source: How the Fed’s Money Printing Broke American Industry—and What Comes Next – LewRockwell
Source: How the Fed Made Housing Unaffordable | Mises Institute
Everyone should watch this, but instead of pushing Schiff Gold, a better way is to opt out of the corrupt banking system and create your own privatized bank, then borrow to buy gold, BTC, RE, etc. #IBC #abolishthefed https://twitter.com/PeterSchiff/status/1956417638629867830/video/1
Unbelievable that only one intelligent person in the house (and I am willing to be Rand Paul also votes against) making that only two out of 535 congressmen that understand deficit spending and effects on inflation and that enough is enough. Sad and pathetic. Source: House Passes Full-Year Stopgap As Democrat Crosses Party Lines, Massie … Read more
While there are of course certain factors of supply and demand that can directly effect prices, such as bird flu means less chicken and eggs (reduction in supply) while demand stays the same, prices will rise due to shortages. Or the CA fires and natural disasters will cause insurance premiums to rise (more demand, limited … Read more
Great movie to watch and rewatch not just about life lessons, but the underlying message on how banking works and fails the pending doom ahead for the banking system and economy when the next run on banks takes place, it will make 2008 financial crisis look like a mild correction. Ask me how you can … Read more