Now they tell us! BREAKING NEWS: UK Government says vaccine not safe for pregnant or breastfeeding women TracyK2017 on twitter has alerted a lot of people today to the fact that the UK Government has a website page with a document titled "Information for Healthcare Professionals on COVID-19 Vaccine Pfizer/BioNTech". The web page says this document was "updated on 16 August 2022" (although as explained below there seems to be some dispute about this). Tracy notes the following:
It's always a good sign when the crazies eat each other. BTW, are the guys in funny hats and yellow vests police, or is that a new "gay pride" bondage kit?
Luongo takes a well deserved victory lap with recap but also with good points regarding the Fed and the present. He has convinced me that yes the Fed wants to wrest control over the U.S. monetary policy from Europe and the steps it has taken are intended to do that.
That said, the Fed raising rates and tightening will not by itself tame inflation - and as Luongo notes, Powell knows this. To truly take care of inflation you need to do something about Energy - specifically, producing and supplying more of the carbon-based variety domestically. Until that is addressed we will be in vicious cycles of recession (from Fed tightening) and renewed inflation (after the Fed "pivot" points). And the Fed WILL have to pivot (eventually) either from the economy grinding to a halt or from the Treasury market seizing up.
What this really means is that to take care of inflation in the longer term, we need to get the Climate Change profiteers out of control of Congress, the big bill deficit spenders out of Congress, and the Biden admin out of the White House.
I posted this a few days back, but to my thinking Powell has no choice but to raise rates.
Could it be that Powell has some knowledge and training in economics? The real thing? I assume he is of an age and has the means to retire. Maybe he is a person of integrity, and is willing to bear the blame for precipitating a crisis. As mentioned, Europe is past hope. Biden and Congress are in the business of forgiving loans and spending dollars with no end in sight. The Federal Reserve has somehow to monetize all this. There is much at stake. It is not only a question of fighting inflation, but rising interest rates may cause interest on the debt to crowd out discretionary spending. There could be hardships. There could be a crash. But it might just be what is necessary to save the dollar and the world economic system.
Alex Berenson, like Toby Young of Lockdown/Daily Skeptic in UK, is about to loose his influence by requiring subscription to comment. What had been a sizable, varied, vibrant, and informative comment section, became overnight a dead spot. Young’s blog has not recovered; neither will Alex’.
This blog, Chodov’s and Kirsch’s and many others, are where it’s at!