Ben Vanek @vanek_ben
Joined December 2020-
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Remember when they called Trump crazy for saying this would happen
Is Bernstein's reaction due to incompetence...or is it a manifestation of his understanding this quote? “It is well enough that people of the nation do not understand our banking & monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Is Bernstein's reaction due to incompetence...or is it a manifestation of his understanding this quote? “It is well enough that people of the nation do not understand our banking & monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
Do you want to know why I am preparing for a financial accident of Biblical proportions? Because of this clip wherein the Chair of the Council of Economic Advisers reveals he has absolutely no idea how our money system works or even how the US treasury market functions.…
Do you want to know why I am preparing for a financial accident of Biblical proportions? Because of this clip wherein the Chair of the Council of Economic Advisers reveals he has absolutely no idea how our money system works or even how the US treasury market functions.…
A very loooooong time! You’re welcome. #TheFallofMinneapolis
A very loooooong time! You’re welcome. #TheFallofMinneapolis
KARE 11 finally acknowledged some Minnesotans experienced COVID vax injuries in a long-form story. However, they edited several people out who visited their studios, framed the issue as the vax is safe, and wouldn't even post the story to X. For 3 years, we’ve fought back…
When I see this chart, I see that Hitler movie meme in my head, with Hitler saying "As long as Central Banks keep growing UST holdings, the US fiscal situation will be fine", followed by his general nervously saying, "Uh, sir...global CB's stopped growing UST holdings in 2014."
Late last year, several 𝕏 employees were threatened by a guy with a machete outside the Walgreens on Market St in SF. They didn’t report it, because that doesn’t constitute an arrestable crime in California. That guy later killed 3 people.
Late last year, several 𝕏 employees were threatened by a guy with a machete outside the Walgreens on Market St in SF. They didn’t report it, because that doesn’t constitute an arrestable crime in California. That guy later killed 3 people.
If the US did not want higher interest rates to add to deficits & inflation, it would be saying "Sorry Ukraine, Israel, & Taiwan, interest rates have risen on our $35T in debt so we cannot afford to give you any more aid." We are not saying that = inflation Higher for Longer.
If the US did not want higher interest rates to add to deficits & inflation, it would be saying "Sorry Ukraine, Israel, & Taiwan, interest rates have risen on our $35T in debt so we cannot afford to give you any more aid." We are not saying that = inflation Higher for Longer.
Our border is being invaded by 8+ million illegal aliens Fentanyl is killing tens of thousands of Americans We have record inflation, unaffordable housing, rising violent crime, and grocery bills that cost double And what does Congress do? Wave Ukrainian flags
To recap: Yesterday, the US Congress approved $61 billion to protect Ukraine and $0.00 to protect the US border. After the vote, they cheered and waved Ukraine flags and chanted “Ukraine Ukraine.” Note - neither party has ever worked together to pass a bill to help Americans…
No...more...money...to...Ukraine. You are killing them. x.com/mostlypeaceful…
No...more...money...to...Ukraine. You are killing them. x.com/mostlypeaceful…
Virtually none of these people would wave a US flag as proudly (if at all). Let that sink in.
Virtually none of these people would wave a US flag as proudly (if at all). Let that sink in.
Good morning all…since late 2019.. 1) chicken prices up 31% 2) beef prices up 32% 3) crude oil prices up 36% 4) avg income to buy median price home up 45.5% And…it’s 100% a policy decision..did they ask you if that’s what you wanted?
Dr. Copper appears to be morphing into Dr. Green Revolution & Onshoring. The metal price looks to be gearing up to follow gold for a major breakout. To emphasize what I said before: I've never seen a secular bull market in gold that didn't cause other metals to follow.
*BOSTIC: CAN KEEP RATES STEADY AS LONG AS LABOR MARKET HOLDS UP translation: If Biden wants a rate cut he must tell the BLS to stop making up part-time jobs
This keeps getting crazier! The head of NPR hates the Constitution of the USA.
This keeps getting crazier! The head of NPR hates the Constitution of the USA.
Price increases over last decade... McDonald's: +100% Popeyes: +86% Taco Bell: +81% Chipotle: +75% Jimmy John's: +62% Arby's: +55% Burger King: +55% Chick-fil-A: +55% Wendy's: +55% Panera: +54% Subway: +39% Starbucks: +39% US Government Reported Inflation (CPI): +31%
The last time #silver was at $29 $AG was at $23 and $SILJ was at $18 Now that we’re back to $29 silver $AG is at $8 and SILJ is $11
Still one of my very favourite #GOLD cartoons:
"The recent move in gold reminds me of a famous quote “There are decades where nothing happens, and there are weeks where decades happen.” Looking at history, gold price can stay in the doldrums for a long time but when it does breakout, the surge is usually fast and furious" UBS
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Jared Bernstein is an American economist who is the chair of the United States Council of Economic Advisers. He has absolutely no idea how money works. None. This clip is precious. (The answer, BTW, is then we would know how fucked up it is.) x.com/rnaudbertrand/…
This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy
Remember when they called Trump crazy for saying this would happen
Is Bernstein's reaction due to incompetence...or is it a manifestation of his understanding this quote? “It is well enough that people of the nation do not understand our banking & monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
This is absolutely insane… This is Jared Bernstein. Chair of the Council of Economic Advisers. He advises Biden on economic policy.
@TheCatsHouse Hence the Biblicality of it all.
@the_first_psych There's real wealth, and then there are claims on that wealth. Best to get those well-separated in your mind. Real wealth is the stuff you want to live in, consume, or ride around on. "Tertiary wealth" is merely the claim on those things.
Do you want to know why I am preparing for a financial accident of Biblical proportions? Because of this clip wherein the Chair of the Council of Economic Advisers reveals he has absolutely no idea how our money system works or even how the US treasury market functions.…
This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy
This is significant. (But only to those capable of paying attention.)
Chinese gold buying activity is up 4-5x...
At today's press conference #Powell said he has no idea where all the #stagflation talk is coming from. He sees neither "stag" nor "flation." This is the same type of blindness that lead to prevision #Fed misstatements like "subprime is contained" and "inflation is transitory."
I stand with the college students who proudly put the American flag back up, not the radicals who tore it down!
Voters: We just want border security Congress: Here's money for foreign wars Voters: We just want a stable economy Congress: Here's us flying Ukrainian flags Voters: We just want safe streets Congress: Here's a bill to end free speech
Thirteen years ago today. THIRTEEN! May 1, 2011. The month of April had seen the silver price rise from $38 to $48. This move had brought extreme pain to the JPMorgan precious metals desk due to the naked Comex silver short position they had assumed from Bear Stearns in 2008. As…
BREAKING: In a significant upset, conservative candidate Marisa Simonetti advances in the race for the vacant Hennepin County Board seat. Jen Westmoreland, partner of Hennepin County Attorney Mary Moriarty, was defeated. Rep. Heather Edelson also moves on to the special election.
"What currency will replace the USD?" No currency will replace the USD, but gold continues to replace USTs at the Central Bank level. System evolving to "buy commodities in local FX, settle local FX commodity deficits in local goods & gold that floats in all FX." Via…
BANK OF KOREA CONSIDERS BUYING MORE GOLD IN MID- TO LONG-TERM
The fact that an American flag has to be surrounded like this on American soil is absolutely insane. We need mass deportations.
Minnesota State Senator @NicoleM_MN was allowed by the @MinnesotaDFL Democrats to cast the tie breaking vote yesterday on whether she should be allowed to vote after being charged with a crime of violence. Can you guess how she voted?
Appreciate the free advertising! 😉 #TheFallofMinneapolis
Stay trashy Minneapolis. Downtown Council missed this dirty unsightly part of downtown.
@Gebo___ At least as long as we have to look at this. _
A very loooooong time! You’re welcome. #TheFallofMinneapolis
How long do I have to look at this shit?
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