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Monday, 16 June 2025

Category: Economics

The Truth Central Apr 14, 2023: Kremlin, NATO, Fight for the Black Sea Area; Oil Rises Again

The Truth Central Apr 14, 2023: Kremlin, NATO, Fight for the Black Sea Area; Oil Rises Again

Posted on April 14, 2023 by admin | 244 Comments
Russian President Vladimir Putin says "The Black Sea will never be a NATO sea" while his nation is still in the middle of a war with Ukraine, a nation he fears will be recruited to join the North Atlantic Treaty…
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How electrification became a major tool for fighting climate change

How electrification became a major tool for fighting climate change

Posted on April 14, 2023 by admin | 256 Comments
Spread the loveAccording to the Energy Information Agency of the U.S. Department of Energy, U.S. gets only 12.5% of our energy from renewable solar and wind energy. EPA’s mandates for 60% of U.S. vehicles to be EVs by 67% of…
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Gold Trading Above $2,000/oz as Fed Predicts Recession

Gold Trading Above $2,000/oz as Fed Predicts Recession

Posted on April 14, 2023 by admin | 247 Comments
Spread the loveSpot gold was up 1.2% to $2,037.68 per ounce by 10:45 a.m. EDT, its highest since March 2022 and about $35 off record highs. US gold futures gained 1.6% to $2,057.10 per ounce in New York. Gold’s surge…
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Oil Prices On Track For A Fourth Consecutive Weekly Gain

Oil Prices On Track For A Fourth Consecutive Weekly Gain

Posted on April 14, 2023 by admin | 206 Comments
Spread the loveOil prices are on course for their fourth consecutive weekly gain, with WTI trading above $82 and Brent trading above $86. OPEC+ oil production cuts are bad news for inflation. Russian exports rise to levels before 2020 invasion…
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The Truth Central Apr 13, 2023: UN Seeks More Power; Biden Doubles Down on EV Mandates

The Truth Central Apr 13, 2023: UN Seeks More Power; Biden Doubles Down on EV Mandates

Posted on April 13, 2023 by admin | 232 Comments
The United Nations says it wants its members to give the organization an array of "Emergency Powers" to wield during what they deem as a crisis such as pandemics or economic situations. This would force member countries to abdicate power…
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Inflation Picture Mixed: Inflation Still 5.6% (Not Counting Food and Energy)

Inflation Picture Mixed: Inflation Still 5.6% (Not Counting Food and Energy)

Posted on April 13, 2023 by admin | 251 Comments
Spread the loveInflation has come down from its historic highs, though not far enough to stop plaguing the economy just yet. That’s the takeaway from data released yesterday. First, the good news: Prices rose at their slowest pace in nearly two…
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Europe Backtracks on Its Gas-Car Ban

Europe Backtracks on Its Gas-Car Ban

Posted on April 13, 2023 by admin | 248 Comments
Spread the loveThe implausibility of a net-zero carbon energy future is becoming so obvious that even Europeans are starting to notice. Witness the weekend decision to step back from the ban on internal-combustion automobile engines that the European Union had…
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Biden’s EPA Mandating Electric Vehicles

Biden’s EPA Mandating Electric Vehicles

Posted on April 13, 2023 by admin | 114 Comments
Spread the loveThe U.S. auto industry is nominally still privately owned, but it is slowly becoming a de facto state-directed utility. That’s the meaning of the Environmental Protection Agency’s proposed new vehicle-emissions standards Wednesday that will force-feed the production of…
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The Truth Central Apr 12, 2023: Globalists Make Bold Moves: Unicoin and a Digital ID System

The Truth Central Apr 12, 2023: Globalists Make Bold Moves: Unicoin and a Digital ID System

Posted on April 12, 2023 by admin | 231 Comments
Not long after JP Morgan Chase CEO Jamie Dimon suggested using eminent domain to achieve Climate Agenda goals, the International Monetary Fund announced a plan to use a global cryptocurrency called Unicoin. Not to be outdone, the US Senate will…
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Companies Big and Small Lose Access to Credit Amid Bank Stress

Companies Big and Small Lose Access to Credit Amid Bank Stress

Posted on April 12, 2023 by admin | 113 Comments
Spread the loveNo companies with investment-grade credit ratings sold new bonds over the six business days from March 10 through March 17, the first week in March without a new high-grade bond sale since 2013, according to PitchBook LCD. The…
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E.P.A. Lays Out Rules to Turbocharge Sales of Electric Cars and Trucks

E.P.A. Lays Out Rules to Turbocharge Sales of Electric Cars and Trucks

Posted on April 12, 2023 by admin | 909 Comments
Spread the loveThe E.P.A. cannot mandate that carmakers sell a certain number of electric vehicles. But under the Clean Air Act, the agency can limit the pollution generated by the total number of cars each manufacturer sells. And the agency…
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IMF Unveils Unicoin – a Global CBDC

IMF Unveils Unicoin – a Global CBDC

Posted on April 12, 2023 by admin | 750 Comments
Spread the loveThe IMF’s Spring Meetings this year saw the announcement of the organization’s own, “international central bank digital currency” called the Universal Monetary Unit (UMU, aka Unicoin). The IMF said in a statement that UMU functions like a CBDC and…
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The Truth Central Apr 11, 2023: EV Madness and a Big Bank CEO Who Wants Private Property Seized for the Climate Agenda

The Truth Central Apr 11, 2023: EV Madness and a Big Bank CEO Who Wants Private Property Seized for the Climate Agenda

Posted on April 11, 2023 by admin | 128 Comments
JP Morgan Chase CEO Jamie Dimon recently suggested the Biden Administration seize private citizens' property to reach ambitious solar energy and climate change goals. Also, President Biden's plan to force Americans to buy electronic vehicles would prove so costly that…
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Tennessee House Votes 98-0 to Allow State Treasurer to Acquire and Hold Gold to Protect the State

Tennessee House Votes 98-0 to Allow State Treasurer to Acquire and Hold Gold to Protect the State

Posted on April 11, 2023 by admin | 135 Comments
Spread the loveHouse Bill 1479, introduced by Rep. Bud Hulsey, passed out of the House of Representatives on Monday with a 98-0 vote. Senate Bill 519, the identical senate-side companion bill introduced by Sen. Frank Niceley, passed out of the…
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JPMorgan Chase CEO Suggests Seizing Private Property To Build More Solar Farms

JPMorgan Chase CEO Suggests Seizing Private Property To Build More Solar Farms

Posted on April 11, 2023 by admin | 128 Comments
Spread the loveIn his annual letter to shareholders, JPMorgan Chase CEO Jamie Dimon suggested that the U.S. government and climate conscious corporations may have to seize citizen’s private property to enact climate initiatives while there still time to stave off…
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UK & Europe Are Destroying Their Economies with Green Policies… Without Reducing CO2 Emissions

UK & Europe Are Destroying Their Economies with Green Policies… Without Reducing CO2 Emissions

Posted on April 11, 2023 by admin | 244 Comments
Spread the loveA British think tank director has warned Americans that they must avoid Europe’s “green energy disaster” by imposing unilateral climate policies. Dr Benny Peiser, director of Net Zero Watch, said the rest of the world was not following the EU…
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Biden Bans 53% of Americans From Buying Cars – Will Need $80k Income to Get an EV Loan

Biden Bans 53% of Americans From Buying Cars – Will Need $80k Income to Get an EV Loan

Posted on April 11, 2023 by admin | 1,018 Comments
Spread the loveEven the cheapest electric cars, which are still far more expensive than their real car counterparts and are just one battery problem away from turning into mostly unusable junk, are out of the price range of the majority of…
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E.P.A. Is Said to Propose Rules Meant to Drive Up Electric Car Sales Tenfold

E.P.A. Is Said to Propose Rules Meant to Drive Up Electric Car Sales Tenfold

Posted on April 11, 2023 by admin | 142 Comments
Spread the loveIn what would be the nation’s most ambitious climate regulation, the proposal is designed to ensure that electric cars make up the majority of new U.S. auto sales by 2032. The Biden administration is planning some of the…
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The Truth Central Apr 10, 2023: China, Russia, Iran Ramp Up Aggression; How Should the U.S. Respond?

The Truth Central Apr 10, 2023: China, Russia, Iran Ramp Up Aggression; How Should the U.S. Respond?

Posted on April 10, 2023 by admin | 300 Comments
China's Communist Party leadership is practicing war games aimed at sealing off Taiwan; Russia says the war with Ukraine is in the "Hot Phase" and Iran-backed terrorists beef up attacks against Israel. In turn, how must the U.S. respond?
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World Central Banks Continue Gold Buys – 24% of Russia’s Foreign Reserves Are Now Gold

World Central Banks Continue Gold Buys – 24% of Russia’s Foreign Reserves Are Now Gold

Posted on April 10, 2023 by admin | 123 Comments
Spread the loveJanuary and February 2023 are the strongest start to a year since 2010 when central banks became net buyers of gold on an annual basis.
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