Authored by MN Gordon via EconomicPrism.com, This week, while perusing the Federal Reserve’s balance sheet figures, we came across a rather curious note.  We don’t know how long the Fed’s had this note posted to its website.  But we can’t recall ever seeing it.  The note reads as follows: “The Federal Reserve’s balance sheet has expanded and contracted over time.  During...

It looks as though we are in the midst of another recession where those in the C-suite are little affected; and in some cases where the Fed has stepped in, doing better than they were financially before the pandemic. And the “shared sacrifice” from most company’s CEOs – many of whom took pay cuts to show “solidarity” with employees – has actually been far less...

Authored by Caitlin Johnstone via Medium.com, Back in April I said “China’s gonna be so surprised when it finds out it interfered in the November election.” Now three months ahead of schedule China is already getting its surprise, alongside fellow unabsorbed governments Iran and Russia. U.S. intelligence agencies say China and Iran are working to sway voters against Trump while Russia is...

Authored by Michael Snyder via TheMostImportantNews.com, You may have noticed that a lot of people get offended by what I write.  It is not something that I am purposely setting out to do, and I actually endeavor to get along with everyone as much as I can.  But it is undeniable that my articles about our ongoing economic collapse directly...

Capitalism is, once again, the solution. At least that is the case with the housing industry which – like all other industries – is working to adapt to what life is going to be like in a post-pandemic world. For KB Homes, that means acknowledging that less people will be going into the office on a daily basis and including...

Aug 8th 2020 LIFE ON THE road has become a lot tougher since the 1980s, when Schumpeter spent a year driving a battered old lorry with several tonnes of four-hooved cargo around the western United States. The cab was too cramped to sleep in. The radio only played AM. And sweat would drench his shirt as he swerved down roads...

Authored by Lance Roberts via RealInvestmentAdvice.com, A recent CNBC article states the Fed will make a major commitment to ramping up inflation. How is this different than the past decade of promises for higher inflation? More importantly, while the Fed may want inflation, their very actions continue to be deflationary. The Fed Has A Plan “In the next few months, the Federal...

Summary: US deaths top 160k Florida reports another 187 deaths, cases climb NY cases top 700 Hong Kong cases top 4,000 Germany “R” rate hits highest in 10 days Denmark says may asks citizens to wear masks more frequently * * * It’s official: The US has passed 160,000 confirmed deaths, according to figures reported by state health authorities and...

Submitted by Jan Nieuwenhuijs of Voima Gold, A world reserve currency is supposed to be superior in storing value, but through boundless money-printing the U.S. dollar hasn’t been able to compete with gold by a long shot… In 1932 the gold price was $20.67 dollars per troy ounce, today it crossed $2,067 dollars. That’s a 99% decline in value of...