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April 22, 2021
All cash bidding wars for single family homes (including tear downs) and luxury condos in the DC metro area are going insane with rising prices! 76 all-cash offers on one home. The housing madness shows no signs of slowing amp.cnn.com/cnn/2021/03/29/su… This is another perfect example of the Cantillon Effect as the DC metro area is closest to the new currency and credit trough that the DC Fed creates so economic and political insiders and elites here in the area get more currency and credi...
April 20, 2021
12-14 months ago we were told by food “experts” and deflationistas that food prices would only be up temporarily for a few months and would return to normal levels. Prices Rising Faster Than Expected www.ntd.com/prices-rising-fas… Get ready for higher grocery bills for the rest of the year www.nbcnews.com/news/amp/ncna… However, commodities prices rallying a lot since mid 2020 say otherwise. Governments and central banks have also flooded the global economy with many trillions i...
April 2, 2021
Ever heard of the Cantillon Effect? Neither had I. It is what is happening right now in America, and it reveals that the primary objective of the nation’s exclusive distributor of money, the Federal Reserve Bank, is to boost the value of wealthy people’s incomes at the expense of the poor, which is why the rich get richer and the poor get poorer in America today. First, a reader needs some backgrounding before wading through all the financial gibberish found online. The status of the Ameri...
January 23, 2021
Bitcoin changes a legacy economic dynamic that granted those close to the money printer a distinct advantage over the rest of us.