Independent-think for self. islam is a Political System of Beliefs Masquerading as a religion of death. The dynamic duo of capitalism and Democracy is the way!
There it is:
Inflation adjusted gold prices have officially hit a new record high for the first time since the 1980s.
Inflation + rate cuts = gold's dream setup.
At least five of the roughly two dozen Russian one-way attack drones that entered Polish Airspace on Wednesday are believed to have been attempting to target a NATO military base in Rzeszów, Poland, which is responsible for weapons deliveries to Ukraine, according to a senior officer with NATO. Two of the drones were downed by Dutch F-35A Lightning lls, while the other three crashed under “mysterious circumstances,” with details said to have been shared with the allies during a security briefing late on Wednesday from the preliminary findings by the Polish Armed Forces.
I don't think the Fed or any government entity should be setting the price of money. That's a communist principle that I don't believe in. But that aside, no, I think that rates should actually be increased here because inflation is still the bigger problem and we never got close to their 2% target (inflation has averaged 4% since the start of 2020). The Fed's #1 job should be sound money - everything else is secondary to that. And the idea that they can precisely control the labor market with interest rate policy is a complete fallacy. Even if it were true why would we want a governmental body setting the supply and demand for labor? Inevitably, as human beings they would screw that up, causing more harm than good. Same reason why we don't have the Fed control the number of cars we produce or bananas to sell in supermarkets. Because the free market does a better job.
@D_Tarczynski Those who preach tolerance, free speech and open debate are always the first to oppose them. The left doesn’t argue with ideas, it imposes them, like every tyrant in history. The EU is flooded with this hypocrisy
BREAKING: Argentina President Javier Milei releases a statement:
“The left is always, at all times and places, a violent phenomenon full of hatred.”
He’s right.
Today at the U.N. I asked Qatar: “If you don’t want targeted bombings on terrorists in your capital, why do you harbor terrorists in your capital? Why is your Al Jazeera serving as Hamas' non-stop propaganda arm? Why do you act as mediator by day, and a terror sponsor by night?”
Price changes over last year (August CPI report)
Gas Utilities: +13.8%
Electricity: +6.2%
Used Cars: +6.0%
Medical Care: +4.2%
Food away from home: +3.9%
Shelter: +3.6%
Transportation: +3.5%
Overall CPI: +2.9%
Food at home: +2.7%
New Cars: 0.7%
Fuel Oil: -0.5%
Gasoline: -6.6%