Free Republic 4th Qtr 2020 Fundraising Target: $88,000 Receipts & Pledges to-date: $29,175
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Keyword: inflation

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  • The World’s Most Bearish Hedge Fund Just Did Something It Hasn’t Done In 8 Years: Bets on inflationary assets outperforming deflationary assets

    10/17/2020 9:07:28 PM PDT · by SeekAndFind · 3 replies
    USSA News ^ | 10/17/2020 | Tyler Durden
    At the start of 2012 Horseman Global did something which virtually none of its peers dared or would dare to do: it took its formerly 100% equity net long exposure to deep net short, launching an 8 year period in which the fund would be bearish month after month on stocks, yet as the monthly P&L table below shows, it also manged to generate impressive annual returns over this same period (with the exceptions of 2016 and 2019) despite constant central bank intervention pushing stocks relentlessly higher, largely thanks to the Fund's significant bond long position. Yet after a dismal...
  • Swiss city to institute highest-ever minimum wage of over $4K a month

    10/02/2020 2:53:38 PM PDT · by nickcarraway · 17 replies
    New York Post ^ | October 2, 2020 | Hannah Frishberg
    One of the world’s richest cities is instituting a minimum wage which proponents say is only relatively sumptuous. Geneva, which by most metrics ranks in the top five for the globe’s priciest places to live, has approved a minimum wage which would be considered lavish elsewhere but is intended to just get food on the table for its poorest workers. The Swiss city voted in a two-thirds majority Sunday to introduce a minimum wage of 23 Swiss francs ($25) an hour for a 41-hour workweek, CNBC reported. That adds up to somewhere in the range of $4,100 a month, or...
  • 5 scenarios where claiming Social Security early is a terrible move

    08/24/2020 5:15:42 PM PDT · by rintintin · 99 replies
    Fox Business ^ | Aug 24 2020 | Fox Business
    As of June, the average retired worker was bringing home $1,514 a month from Social Security. This works out to all ost $18,200 a year. All things considered, this isn't very much -- but for 62% of retired workers receiving a Social Security benefit, their monthly payout will account for at least half of their income. The critical role Social Security plays during retirement for so many elderly Americans demonstrates just how important your claiming decision can be. Claiming age plays a big role in determining your Social Security payout Although there are more than a half-dozen factors that can...
  • FEDERAL RESERVE Powell Set To Deliver ‘Profoundly Consequential’ Speech, Changing How The Fed Views Inflation

    08/24/2020 5:38:19 PM PDT · by Enlightened1 · 75 replies
    CNBC ^ | 08/24/20 | Jeff Cox
    Fed Chairman Jerome Powell will speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming, conference. He is expected to outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level. “Average inflation” targeting means the Fed will allow inflation to run higher than normal for a period of time. The effort will be the reverse of former Fed Chairman Paul Volcker’s rate hikes instituted to quash inflation in the 1980s. History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon,...
  • Historic August 2020 derecho destroyed over 1 million acres of crops, U.S.

    08/18/2020 9:58:54 AM PDT · by Roman_War_Criminal · 64 replies ^ | 8/17/2020 | Teo Blaskovic
    A devastating derecho ripped through several Midwest states on August 10, 2020, leaving a path of destruction, more than 1.5 million customers without power, and more than 404 600 hectares (1 million acres) of destroyed or damaged crops. Northern Illinois University meteorology professor Victor Gensini described the event as one of the worst weather events of 2020 in the United States. The storm ripped through the heart of the Corn Belt - a region of the Midwestern United States that has dominated corn production in the country since the 1850s, with winds gusts up to 180 km/h (112 mph), causing...
  • Podcast #9: Investing in GOLD (and How to Start) with Joe Grande

    08/11/2020 5:26:16 PM PDT · by rebuildus · 8 replies
    YouTube ^ | 8/11/20 | Patrick Rooney
    Patrick Rooney, Founder of Old School™(Natural Health / Success / Freedom), interviews businessman and experienced gold investor Joe Grande about the reasons people should consider investing in gold and silver, and how to get started.
  • Hyde-Smith Introduces bill to eliminate FEMA cost share for 2020 disasters

    08/08/2020 7:16:57 PM PDT · by 11th_VA · 10 replies ^ | May 21. 2020
    U.S. Senator Cindy Hyde-Smith (R-Miss.) today introduced legislation to eliminate the cost-share payments required of states and communities included in federal disaster declarations in 2020. The Local Community Emergency Relief Act of 2020 is the second Senate proposal offered this week to mitigate coronavirus-related financial burdens affecting states and cities. Not limited to the COVID-19 emergency declaration, the bill would require the Federal Emergency Management Agency (FEMA) to provide a 100 percent cost share for all federal emergency declarations and major disaster declarations during calendar year 2020. “Cities and states are incurring ongoing revenue losses related to the COVID-19 emergency,...
  • Matt Bracken: Ammunition Is Money as Communists Get Ready To Shoot Back (Video)

    08/07/2020 8:09:58 AM PDT · by Perseverando · 116 replies
    Banned Video ^ | August 6, 2020 | Matt Bracken
    Matt Bracken guest hosts The Alex Jones Show to break down the true value of stocking up on ammunition.
  • Trump says second stimulus check could be 'way higher' than $1,200

    07/30/2020 8:55:45 PM PDT · by Berlin_Freeper · 128 replies ^ | July 30, 2020 | Megan Henney
    President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200. "It may go higher than that actually," Trump during an interview Wednesday with ABC affiliate KMID in Texas. "I'd like to see it be very high because I love the people. I want the people to get it."
  • Gold up to $1964 in after hours trading

    07/27/2020 5:06:13 PM PDT · by Presbyterian Reporter · 19 replies ^ | 7/27/2020
    Gold is up to $1964. Silver is up to $25.54.
  • Rand Paul: Paper is paper; money is money

    07/22/2020 5:16:49 PM PDT · by RandFan · 59 replies
    Washington Examiner ^ | July 22 | Sen. Rand Paul
    The time came when the emperor decreed: “The people are in need; a plague is upon the land. I will give them money.” The people had been made to believe that paper was money. So, the emperor ordered that paper bearing the government insignia be printed and distributed to the people. Now, the people had been trained to accept paper as money, but they still hung onto the belief that even paper money required work to be considered valuable. But the emperor reassured them that paper is money backed by the full faith and credit of government (aka paper money...
  • Gold, silver prices surge to highest levels in years

    07/21/2020 5:49:02 PM PDT · by NRx · 61 replies
    Fox News ^ | 07-20-2020 | J. Garber
    Precious metals rallied to their highest levels in years on Tuesday as a fresh economic stimulus in Europe and a weak U.S. dollar boosted prices. Spot gold rose $24.50 to $1,840.40 an ounce, its highest level since Sept. 9, 2011, while silver gained $1.34, hitting a more than 6-year high of $21.46 an ounce. At the same time, the U.S. dollar index slid 0.54 percent and neared its lowest point in two years. Tuesday’s price surge reflected "what happened in Europe,” George Gero, managing director at RBC Global Wealth Management and a member of the COMEX board of directors, told...
  • Gold storms past $1,800 towards new record high (Inflation?)

    07/08/2020 9:22:56 AM PDT · by Perseverando · 64 replies
    Yahoo Finance ^ | July 8, 2020 | Peter Hobson
    LONDON (Reuters) - Gold pushed above $1,800 an ounce on Wednesday for the first time since 2011, with analysts expecting further gains as investors stock up on an asset they expect to hold its value while the coronavirus convulses the global economy. Spot gold prices have surged 40% in the last 14 months and are within striking distance of 2011's record high of $1,920.30 an ounce. "We'll be challenging the $2,000 level by the end of the year," said Ross Norman, an independent analyst. "We are in a bull market for gold." (Graphic: Gold's latest rally, Powering the rally...
  • Core Inflation Falls To Lowest Level Ever While Food Prices Soar Most Since 1974

    05/12/2020 8:11:58 AM PDT · by blam · 12 replies
    Breitbart ^ | 5-12-2020 | John Carney
    Deflation picked up in the U.S. in April, pushing consumer prices down 0.8 percent compared with a month earlier, even while food prices soared. The price of gasoline dropped 20.6 percent for the month, the Department of Labor said Tuesday. The prices for clothing, airline travel, cars, recreation, and hotels all plunged while the price of groceries saw its biggest monthly increase since 1974. Compared with a year ago, prices were up 0.3 percent, Core inflation, a measure which subtracts changes in the prices of the volatile food and energy categories, fell 0.4 percent, the steepest decline ever in records...
  • Maher presses Pelosi on coronavirus spending: 'Funny money' may collapse economy into depression

    04/25/2020 11:37:16 AM PDT · by Libloather · 36 replies
    The Hill ^ | 4/25/20 | Joe Concha
    HBO's Bill Maher pressed House Speaker Nancy Pelosi (D-Calif.) on trillions of federal spending on the coronavirus pandemic, with the "Real Time" host saying a "house of cards" will eventually collapse, resulting in a depression. The back-and-forth comes as President Trump signed off on a $484 billion package on Friday to replenish a small business lending program prompted by the pandemic. The package also provides $100 billion for hospitals and COVID-19 testing as some states slowly reopen their economies. "I know we can bail out certain sectors as we have done in the past, I don't know how you can...
  • The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years

    03/28/2020 5:38:53 PM PDT · by NRx · 15 replies
    Wall Street on Parade ^ | 03-28-2020 | Pam Martens and Russ Martens
    According to the U.S. Treasury, as of February 29, 2020, there was $16.9 trillion in marketable U.S. Treasury securities outstanding. Of that amount, at the end of February, the Federal Reserve held $2.47 trillion or 14.6 percent – making it, by far, the largest single holder of U.S. Treasuries anywhere in the world. ...But exactly how can a so-called “free market” function smoothly if the country’s own central bank is cornering the market. Salomon Brothers paid a $290 million fine and came close to getting slapped with criminal charges by the U.S. Department of Justice in 1992 for manipulating prices...
  • Is This a Good Time to Get Back on the GOLD STANDARD?

    03/18/2020 9:01:22 AM PDT · by A_perfect_lady · 73 replies
    My seething mind | March 18, 2020 | Moi
    I know very little of these things. I'm an English teacher, and a mathematical cripple. But it seems to me our economy could shrink to a point where tying our money back to gold might be possible. I'm asking Freepers because most of you know more about this than I do. So... what do folks here think?
  • Mr President, we love your generous heart but please spend slow.

    03/17/2020 7:24:23 PM PDT · by Ozguy1945 · 48 replies
    The Democrats offer the free world, that cares about American greatness, the leadership choice spectacle of a spendthrift socialist with a recent heart attack a wide range of plans for bankrupting America and a sleepy old hasbeen who cannot be relied upon to remember his own name for the next four and a half let alone lead. They do have one better candidate than either of these two guys, but she is honest with them and does principled things like not voting for a rabidly partisan impeachment, so the DNC shuts her out of its debates. The good side of...
  • Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

    03/15/2020 2:12:17 PM PDT · by billyboy15 · 296 replies
    CNBC ^ | 3/15/2020
    The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates to zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus. Facing highly disrupted financial markets, the Fed also slashed the rate of emergency lending at the discount window for banks by 125 bps to 0.25%, and lengthened the term of loans to 90 days. The Fed also cut reserve requirement ratios for thousands of banks to zero. In addition, in a global coordinated...
  • Defusing the Debt Bomb

    02/11/2020 5:23:43 AM PST · by Kaslin · 12 replies ^ | February 11, 2020 | Stephen Moore
    President Donald Trump's new budget confirms that without corrective action, trillion-dollar deficits will be with us for years and perhaps decades to come. Trump's budget plan has many smart and urgent spending reforms. But will Congress ignore them once again? Alas, probably, but the longer we wait, the shorter the debt bomb fuse. But step one in solving this crisis is to recognize the facts about it and to dispel the pervasive mythologies about what caused this ocean of systemic borrowing and how best to deal with it. Myth 1: Trump created these deficits. No, no, no. These were the...