If we wish to be honest, the Federal Reserve System needs to be put out of its—and our—misery.
Source: Mises Institute
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DW NOTE
The Fed has presided over the 1973–74 stagflation, the 1980–82 double-dip recession, the dot-com bust, the 2008 housing collapse, and the 2021–22 inflation surge. That's not mathematical impossibility — that's a perfect record of failure dressed up as expertise.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
The World’s Biggest Wealth Fund Has $215 Billion In US Treasurys. It Wants To Cut Back. - International Business Times
Atiku Abubakar Sounds Alarm as Nigerian Exchange Records N266 Billion Foreign Capital Flight - streamlinefeed.co.ke