GBP LONG
OIL LONG
GOLD LONG
NAS LONG FLIPPED
S7P SHORT
AUD SHORT
JPY SHORT
EUR LONG

Peter St Onge, Ph.D.
@profstonge
Congress won't authorize a CBDC, so the Fed's building one anyway.

The Fed was designed to be a banker cartel that's independent of the people: It prints its own budget, it effectively appoints its own leaders, it even hands dividends to the banks who control it.

As Ron Paul often said, the Fed has less oversight than the CIA, yet it effectively runs our entire lives. While our elected representatives sit on the sidelines as spectators. It is an insult to democracy.

Peter St Onge, Ph.D.
@profstonge 17h
Jerome Powell says more rate hikes are coming until the Fed crushes the jobs market.

Even as Dark Jerome admits the Fed doesn’t know what it's doing -- “we are navigating by the stars under cloudy skies."

If they increase the inflation target rate to 3% that means the value of your savings and the US dollar will disappear 50% faster than recent decades.




Jerome Powell's Most Important Statement EVER
Jackson Hole

Peter St Onge, Ph.D.
@profstonge
17h
WSJ: "The Worker Bidding War is Over"

Just 6 weeks after warning that greedy workers are sending us to hyperinflation, it turns out the boom's already over as salaries for new hires are "shriveling."

Peter St Onge, Ph.D.
@profstonge
17h
BRICs just got bigger, with the anti-dollar bloc adding 6 new countries representing 400 million people — the population of South America.

(4 min video)