As the year of aggressive monetary tightening winds down, the Federal Reserve, the European Central Bank, and the Bank of England will likely slow the pace of rate hikes. All three delivered 75 bp hikes in November and will probably hike by 50 bp this month and moderate the pace again in the first part of next year.Price pressures remain elevated even if near or slightly past the peaks. The G10 central banks are not finished tightening, though central banks from...
Read More »The way forward:
A practical roadmap to reclaiming individual and financial sovereignty – Part II of II Essential ingredients There have always been people with a passion for liberty. Since the earliest historical records, we can find questioners, dissenters, “trouble makers”, contrarians and all kinds of free and inquisitive minds. In this day and age, however, technology has played a decisive role in the influence they can have. Sure, the “bad guys” might be taking...
Read More »What Did Powell Say?
Overview: Asia Pacific stocks rallied on the heels of the surge in US equities. China’s CSI 300 led the large bourses higher with a 1% advance. Europe’s Stoxx 600 is matching yesterday’s gain of a little more than 0.6%, while US futures are a touch softer. European yields are 9-13 bp lower, with the peripheral premiums shrinking. The US 10-year yield, which tumbled 14 bp yesterday is little changed now near 3.60%. The dollar is broadly lower. The strongest of the G10...
Read More »Who Really Owns Big Digital Tech?
By now it should be perfectly clear that the most prominent Big Digital companies are not strictly private, for-profit companies. As I argued in Google Archipelago, they are also state apparatuses, or governmentalities, undertaking state functions, including censorship, propaganda, and surveillance. Katherine Boyle, “a general partner at Andreessen Horowitz where she invests in companies that promote American dynamism, including national security, aerospace and...
Read More »A.P. Moller – Maersk and IBM to Discontinue Blockchain Trade Platform Tradelens
A.P. Moller – Maersk and IBM announced the decision to withdraw the TradeLens offerings and discontinue the platform. Starting immediately, the TradeLens team is taking action to withdraw the offerings and discontinue the platform, and the intent is that the platform will go offline by end of quarter one, 2023. During this process all parties involved will ensure that customers are attended to without disruptions to their businesses. Maersk will continue its efforts...
Read More »If even the Fed Chairman can sense it…
Even before Jay Powell's remarks today, the economic situation was shown to have deteriorated here and abroad. A couple of American jobs reports indicate layoffs and further looming setbacks. Meanwhile, China's economy is suffering a lot more than lockdowns and protests. No wonder Powell turned "dovish." Eurodollar University's Money & Macro Analysis Article discussed in today's video: The U.S. Labor Market Is Less Tight Than It Appears...
Read More »This Is of Course Insane
Greed is a powerful motivation to be an ardent believer in the central banking cult. The ideal cult convinces its followers that it isn’t a cult, it’s simply the natural order of things.In current terms, this normalizes insane behaviors and beliefs. Sacrificing youth to appease the gods isn’t a cult; it’s simply the natural order of things. If we don’t sacrifice youth, bad things will happen, so we have to follow the natural order of things. Despite the lofty claims...
Read More »Jeff Snider LIVE (Fixed Money vs. Money Elasticity Deep Dive)
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Read More »What do the Markets tell us about 2023 with Jeff Snider of Eurodollar University
Jeff Snider is one of the foremost experts on the global monetary system, specifically the eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the eurodollar system and true monetary principles. He is a regular contributor to Real Clear Markets and a columnist for the Epoch Times, and is active on...
Read More »The Statist Victory on Trump’s Tax Returns
The mainstream media is celebrating big time over a recent ruling by the Supreme Court that forces the Treasury Department to deliver President Trump’s income-tax returns to Congress. A good example is the Washington Post, which published an editorial last week praising the ruling. Since there is still the possibility that Congress will fail to disclose Trump’s ( tax returns to the public, the Post is calling on Congress and the states to enact laws that force...
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