You read it in the headlines. You hear about it on the evening news. You see it at the supermarket and the gas pump. It’s top of mind everywhere. Inflation. Nobody likes inflation. It weakens your dollars. It’s a tax on the poor and middle class. It sucks! What could possibly be worse? Well let’s …
The Other “Flation” You Should Be Thinking About Read More »
Well inflation numbers came out this week… And the results weren’t great, especially if you like your money to count for something. The Bureau of Labor Statistics (BLS) reported that consumer prices rose 0.4% from August to September. That translated to a 5.4% increase from a year ago — the highest increase in over 10 …
Nothing to See Here… An Inside Look at the Fed’s Inflation Lie Read More »
It’s been said before, but I think it bears repeating… that the Federal Reserve is neither Federal… nor does it hold any kind of “reserves” (at least reserves in the traditional sense of the word). So why in the world do they call it the “Federal Reserve” Bank? Because that sounds a helluva lot better than …
This week opened with somewhat of a blood bath with the Dow closing over 600 points lower on Monday. Yet despite all the fireworks, the move was actually less than 2%. The big news that coincided with the sell off was that Chinese real estate developer Evergrande was hurtling headlong into a liquidity crisis and …
Last month (in your August issue) I boiled down the Fed-speak from Jay Powell’s Jackson Hole speech in August: “The Fed isn’t planning on hiking interest rates anytime soon, but they are trying to prepare investors for a less accommodative Fed.” That was the general message Chairman Powell was trying to push. However, I further …
I’ve been saying this forever… One of the greatest barriers in the development of treatments for certain mental (and even physical) illnesses has been the public’s perception of them. I’m referring to cannabis and “magic” mushrooms (specifically psilocybin — the active psychedelic compound in them). The public’s view of them as anything other than dangerous, mind-altering …
Some Good “Breaking” News for All Our Medical Research Picks… Read More »
