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Credit: Jesse\
The media would like to believe the Fed is doing everything in its power to fight inflation, but it's not true. Yes, the Fed raised rates by 50 basis points in May and, yes, the Fed is trying to sound as "hawkish" as possible. But these things are designed to dupe the public not to... Read More
paulcraigrobertsmw
Interview with economist Paul Craig Roberts
Question 1-- Do you agree that the motive behind Washington's sanctions on Russia is to bring the country to its knees, remove it as a competitive rival to the US in Central Asia, and force Putin from office? Paul Craig Roberts-- Possibly. Washington is sufficiently stupid to think this. For the sanctions to have deleterious... Read More
When investors buy stocks, stock prices rise. That is the immutable law of the market. It doesn't matter if the money comes from big financial institutions, Mom and Pop day-traders or Central Banks. The same rule applies: Buy more stocks and prices go higher. So when the Federal Reserve launched its recent "repo rescue" operation,... Read More