Seed Newsvine
What oil traders say matters about any U.S. push for regime change in
Venezuela
-
President Donald Trump has blamed drug trafficking for the deadly U.S.
strikes on boats in the Caribbean Sea and his threats to force the
resignation of Ve...
3 minutes ago
2 comments:
The prospect of stagflation, indeed, is raising a growing amount of hackles on Wall Street these days on worries that the jobless picture isn’t getting any better and the cost of living—the primary effect of inflation—is rising.
“Their deliberate debasement of their currencies has led to a hallowing out of savings, productive investment and the middle class—leading to an exacerbated and prolonged economic malaise,” Michael Pento, senior economist at Euro Pacific Capital and frequent Fed critic, wrote in a recent analysis. “Bernanke may not believe in stagflation but that doesn’t make it any less a reality.”
Post a Comment