The truth is I know for a fact that I read daily about restaurants and businesses are now giving notices that they’re shutting down because of inflation. They claim they will not be able to make a profit and are closing.
Businesses are claiming they’ve done the math and customers will not be able to pay what they will have to charge them so many and I mean many are deciding to close there doors.
How come no body complains while using USD to buy chinese goods ? I think overall FED policies benefit USA tremendously. A highly educated beautiful young lady in China, Vietnam goes to work on bicycle or on foot and here people with a degree in World Religion drive a BMW. All this is enabled by USD and FED.
Everything is good and getting better. However, in order to get more hits, YouTubers are making it sensational.
I travel all of Florida for fun. Every bar, every restaurant, every club, hotels , air bnb are ALL full. Pandemic is over. Requirement for mask has been lifted. Houses are sold like hot cakes over the ask price. What weak economy ?
People not taking job by CHOICE. What job losses ?
[They] ended the pLandemic because [they] are ready to increase circulation of money >>> inflation. Question: How can something be over that does not exist?
the plandemic was ended because they realized that the people had way more than enough of wearing masks, social distancing, lock downs etc imo. However, they are not quite done with their current scheme. Enter UAP's. The "government" seems more than eager to talk about that. I could see how they could concoct another lock down scenario with that.
The EU Commission considers fundamental legal principles to have been violated because of the ruling by the German Constitutional Court on the European Central Bank's bond-buying program in Germany and is therefore opening infringement proceedings against Germany.
"With this, the Commission is asking the ultimate question of law and power in the EU," criticized economist and AfD co-founder Bernd Lucke, who helped win the Karlsruhe decision on the PSPP bond-buying program about a year ago. "It wants to enforce that even the core of identity of national constitutions, which is most worthy of protection, is overlaid by EU law. In doing so, the Commission is provoking enormous conflicts in the EU because it treats its sovereign member states like subordinate constituent states."
Robert Halver: ECB outpaces US Federal Reserve: Its balance sheet total, which also allows conclusions to be drawn about the degree of government financing, has grown to around 67% of economic output. At the Fed, it is "only" 36%.
In Thailand's capital Bangkok, real estate developer One.Six Development is now offering its apartments to cryptocurrency owners. The deal is being conducted via the neighboring Singapore trading center
France's central bank chief Francois Villeroy de Galhau: "There is no reason to change a monetary policy that works". Inflation is picking up, but it remains below the central bank's target. The ECB must therefore maintain its stimulus monetary policy, he added.
Gregory, thank you for all that you’ve taught me. I appreciate all the time you’ve spent teaching those of us who listen and learn from you. 🙂
DITTO!!
The truth is I know for a fact that I read daily about restaurants and businesses are now giving notices that they’re shutting down because of inflation. They claim they will not be able to make a profit and are closing.
Businesses are claiming they’ve done the math and customers will not be able to pay what they will have to charge them so many and I mean many are deciding to close there doors.
Deciding to close the doors.
Location?
I read about the Business closings due to inflation in Dallas Texas
Lots of new restaurants are popping up as well but no one knows if inflation will put them under early. It remains to be seen.
How come no body complains while using USD to buy chinese goods ? I think overall FED policies benefit USA tremendously. A highly educated beautiful young lady in China, Vietnam goes to work on bicycle or on foot and here people with a degree in World Religion drive a BMW. All this is enabled by USD and FED.
China is doing just fine. It is the West that is destroying itself. https://dailystormer.su/china-is-the-only-major-country-that-experienced-growth-in-2020/
Everything is good and getting better. However, in order to get more hits, YouTubers are making it sensational.
I travel all of Florida for fun. Every bar, every restaurant, every club, hotels , air bnb are ALL full. Pandemic is over. Requirement for mask has been lifted. Houses are sold like hot cakes over the ask price. What weak economy ?
People not taking job by CHOICE. What job losses ?
[They] ended the pLandemic because [they] are ready to increase circulation of money >>> inflation. Question: How can something be over that does not exist?
Agreed, they got what they wanted, now let it rip, and step in as the savior later…
the plandemic was ended because they realized that the people had way more than enough of wearing masks, social distancing, lock downs etc imo. However, they are not quite done with their current scheme. Enter UAP's. The "government" seems more than eager to talk about that. I could see how they could concoct another lock down scenario with that.
This appears to be a summer break. It's too soon to rule out an attack of "new strain" hysteria in the fall.
I love buying Chinese goods. They are so cheap. I wish I could make $50m per year like some people so I can buy expensive goods.
The EU Commission considers fundamental legal principles to have been violated because of the ruling by the German Constitutional Court on the European Central Bank's bond-buying program in Germany and is therefore opening infringement proceedings against Germany.
"With this, the Commission is asking the ultimate question of law and power in the EU," criticized economist and AfD co-founder Bernd Lucke, who helped win the Karlsruhe decision on the PSPP bond-buying program about a year ago. "It wants to enforce that even the core of identity of national constitutions, which is most worthy of protection, is overlaid by EU law. In doing so, the Commission is provoking enormous conflicts in the EU because it treats its sovereign member states like subordinate constituent states."
Robert Halver: ECB outpaces US Federal Reserve: Its balance sheet total, which also allows conclusions to be drawn about the degree of government financing, has grown to around 67% of economic output. At the Fed, it is "only" 36%.
In Thailand's capital Bangkok, real estate developer One.Six Development is now offering its apartments to cryptocurrency owners. The deal is being conducted via the neighboring Singapore trading center
Volkswagen:
Group deliveries January to May +33.4% (y/y) to 4.12 million vehicles.
Group deliveries May in China -7.5% (y/y) to 305,400 vehicles.
Group deliveries in May +41.6% (y/y) to 860,300 vehicles.
France's central bank chief Francois Villeroy de Galhau: "There is no reason to change a monetary policy that works". Inflation is picking up, but it remains below the central bank's target. The ECB must therefore maintain its stimulus monetary policy, he added.