Inflation Or Deflation – End Result Is Still Depression

Inflation Or Deflation – End Result Is Still Depression

The most severe effects would be felt in the credit markets and in any assets whose value is primarily determined and supported by the supply of credit available. Things would be much worse than what was experienced in 2007-08.The biggest difference would be that the changes would result in depression-like conditions on a scale most of us can’t imagine. And the...
October 19, 2021 0 Comments
High inflation to last awhile, Fed’s Bostic says, and it’s no longer ‘transitory’

High inflation to last awhile, Fed’s Bostic says, and it’s no longer ‘transitory’

The biggest burst in U.S. inflation in three decades is likely to last longer than expected and no longer should be considered “transitory,” a senior Federal Reserve official said.
October 13, 2021 0 Comments
US headed into another recession if consumer sentiment trend continues, economists say

US headed into another recession if consumer sentiment trend continues, economists say

The U.S. economy appears to be sliding into another recession based on declining consumer sentiment – even though employment and wage growth suggest otherwise, according to two academic economists.
October 11, 2021 0 Comments
Palantir bought $50 million in gold bars in August as cash pile grows

Palantir bought $50 million in gold bars in August as cash pile grows

While some companies such as Tesla are diversifying into bitcoin, data analytics software company Palantir is betting on gold. Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement.
August 18, 2021 0 Comments

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