Economy>Inflation
John Kerry: ‘We Absolutely Don’t’ Need to Drill for Oil Despite Soaring Gas Prices
The Biden administration’s climate czar, John Kerry, proclaimed that despite record-high gas prices, the United States doesn’t need to drill for more oil or natural gas. Speaking during a forum, Kerry said that Republicans and some analysts have suggested that “we need more drilling” and “we need to go back to coal.” He then argued: “No, we…
Read MoreDimon Warns of US Economic ‘Hurricane’
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., described the challenges facing the U.S. economy akin to an “hurricane” down the road and urged the Federal Reserve to take forceful measures to avoid tipping the world’s biggest economy into a recession. Dimon’s comments come a day after President Jo Biden met…
Read MoreGREAT VIDEO ON INFLATION FROM MR TUCKER
Coronavirus hyperinflation risk looms, buy gold: Peter Schiff
The extreme measures taken by the U.S. government and the Federal Reserve to combat the COVID-19 pandemic could push the U.S. into an episode of hyperinflation and boost gold, according to Peter Schiff. The White House and the Senate reached a $2 trillion deal early Wednesday on the third phase of a relief package that extends cash to the individuals,…
Read MoreGLENN BECK SOUNDS ALARM ON U.S. ECONOMY, SAYS REPO MARKET OPERATIONS A SIGN THAT ‘SOMETHING IS VERY WRONG’ WITH FINANCIAL SYSTEM
[vc_row][vc_column][vc_column_text] The conservative pundit Glenn Beck spoke gravely of the American economy during his BlazeTV show on Thursday, warning that “something is very wrong” with the financial system after the Federal Reserve stepped in to support the short-term lending market. Beck, who has a reputation for hyperbole and a history of peddling conspiracy theories, flagged…
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