White House Refuses to Take Responsibility for Historic Inflation

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Since Biden first took office, Summers warned that the president’s multi-trillion dollar rescue plan would lead to devastating inflation ...

Why is the NY Fed pumping billions into the money market?

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The New York Federal Reserve Bank conducted money market interventions on Tuesday and Wednesday and planned another for Thursday morning ... more  See my post...

Russian Oil Minister: Get Ready for a Significant Uptick In Crude Oil Demand

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"Global oil demand will recover significantly next month, climbing to be within 10% of the level that the world saw prior to the coronavirus...