Inflation Caused By Lockdown Money Printing and Govt Handouts, Admits Central Banker
The massive spending sprees and money printing schemes during the lockdowns is the central cause of inflation, a top central banker admitted.
quantitative easing
Ortiz: Democrats’ Bad Policies Are Responsible for Today’s Historic inflation
Alfredo Ortiz of Job Creators Network writes in TheHill that blame for the historic inflation this country is facing and its painful consequences can be laid directly at the feet of Democrats and their myriad bad economic policies:
Carol Roth: Lockdowns Helped Five Tech Companies Gain Trillions in Value While Collapsing Main Street
Government-decreed lockdowns helped Big Tech gain trillions of dollars in valuation, said Carol Roth, author of The War on Small Business.
Teeka Tiwari: Bitcoin Will Be a Check Against Central Banks’ Money Printing, Debasement of Currency
Teeka Tiwari, editor of a financial newsletter from the Palm Beach Research Group — and advertising sponsor of Breitbart News — said Monday that bitcoin and other cryptocurrencies will likely become checks against central banks’ printing of money.
EU President: ‘The Final Word on EU Law is Always Spoken in Luxembourg’ as Coronavirus Cracks Show
The President of the European Commission Ursula von der Leyen said that EU law has “primacy over national law” following a ruling from a German court that the European Central Bank’s bailout scheme was unconstitutional. President of the European Commission
Fed Plans for the End of Balance Sheet Runoff Later This Year
The Fed may start buying bonds again later this year as it hit pause on the run off of its QE portfolio.
World View: After Brexit, London’s Real Estate Bubbles Are Collapsing
Contents: UK residential real estate market hit hard by Brexit; The UK housing bubble may finally be collapsing; UK commercial real estate market hard hit by ‘Brexit clauses’
World View: European Central Bank Further Lowers Negative Interest Rates
Contents: North Korea liquidates all commercial projects with South Korea; In desperation move, European Central Bank further lowers negative interest rates; ECB tries to target the velocity of money
World View: Japan Tries Negative Interest Rates as U.S. Economy Slows
Generational Dynamics, Japan, Bank of Japan, BOJ, Haruhiko Kuroda, European Central Bank, ECB, Swiss National Bank, SNB,, Sweden, Denmark, negative interest rates, quantitative easing, QE, Ben Bernanke
No Inflation, No Interest, No Recovery: How Printing Money Enslaves the Middle Class
Much of the debate over the maybe-recovery concerns the manipulation of government reports. The Western world is moving rapidly toward a stagnant feudal system populated only by rich aristocrats, rich government officials, and a vast lower class that needs welfare transfer payments to survive. Debt-burdened workers with flat wages, shaky job prospects, and government subsidies for their basic needs are serfs, not a vibrant and independent middle class of entrepreneurs selling their labor to the highest bidders.
IMF Paints Dim Picture For Europe, Suggests More Money Printing May Be Needed
BRUSSELS/FRANKFURT, July 27 (Reuters) – The International Monetary Fund warned on Monday that the euro zone’s prospects were modest and that more money printing than planned may be needed. Contrasting the IMF’s relative gloom, however, German think tank Ifo reported improving
Deflation Arrives In Germany, Putting Europe’s Largest Economy At Risk
Perhaps Greece’s new far-left government will rethink its plans to shake Europe down for cash to fund its wild spending binges, now that the German economy has officially entered a deflationary cycle, as reported by Business Insider
World View: Lebanon on Edge After Israeli Airstrike Kills Hezbollah Commanders
Miss Lebanon may lose her title over selfie with Miss Israel; Lebanon on edge after Israeli air strike kills Hezbollah commanders; Europe, under intense financial pressure, expected to start quantitative easing
