Economy

Consumer spending PLUMMETS as Americans lose access to cheap credit

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This article comes from “citizens.news” The days of abundance are ending in the United States as consumer spending falters due to rising interest rates, persistent supply chain problems, and ongoing inflationary pressures. People just aren’t making enough money to continue buying things the way they once did, especially as cheap and easy credit becomes a thing of …

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‘Obscene’: Exxon Posts Record $56 Billion in Profits — But Keeps Gouging Consumers

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From “childrenshealthdefense,org” ExxonMobil on Tuesday joined other U.S. oil companies in reporting record 2022 earnings amid rising gas prices, sparking renewed calls by consumer and climate advocates for a Big Oil windfall profits tax. As ExxonMobil on Tuesday joined other U.S. oil companies in reporting record 2022 earnings amid rising gas prices, consumer and climate …

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Fighting Inflation Really Means Fighting the Federal Reserve

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From “mises.org” There are surely other worlds than this—other thoughts than the thoughts of the multitude—other speculations than the speculations of the sophist. —Edgar Allan Poe, “The Assignation” Nothing brings out misleading or false narratives like the subject of money. Prices over the last twenty-five months have shot up, and this development is roundly called …

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A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status

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From “alt-market.us” By Brandon Smith The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea …

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Central banks will begin using digital currencies soon and it won’t matter whether people are ready for it

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This article comes from “citizens.news” A report published this week says that whether or not countries are ready for digital currencies or even understand the concept behind them, central banks are going to begin using them soon either way, and there isn’t much that can be done about it. The Wall Street Journal‘s report touched on …

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Tucker Carlson: ‘The WEF Wants To Destroy National Economies’

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This article comes from “newspunch.com” (I rarely post any mainstream news media , however Tucker Carlson is actually shining a light on the W.E.F. globalists. Hopefully it will help to wake up the still sleeping masses who do not even know what the World Economic Forum is.) Fox News host Tucker Carlson has warned that …

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The Fed Is a Purely Political Institution, and It’s Definitely Not a Bank

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From “mises.org” The de facto reality of the Federal Reserve is that it is a government agency, run by government technocrats, that enjoys the benefits of being subject to very little oversight from Congress. Those who know Wall Street lore sometimes recall that Fed chairman William Miller—Paul Volcker’s immediate predecessor—joked that most Americans believed the Federal …

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