Corsi Nation

DrCorsi Banner

7.16.19 - Recession fears rise for middle-class families

Gold last traded at $1,411 an ounce. Silver at $15.67 an ounce.

NEWS SUMMARY: Precious metal prices traded mixed Tuesday on mild profit-taking and a firmer dollar. U.S. stocks slipped after President Trump said trade progress between China and the U.S. has a 'long way to go'.

 

 

 

Fed to Inflate U.S. Economy Further

Written by Staff Writer
0
0
0
s2sdefault

Federal ReserveThe Federal Reserve Will Inflate the Economy Further -Bonner/Bonner And Partners
"'Inflation' refers to an increase in the supply of money. People use it colloquially to refer to consumer price increases. But increasing the supply of money doesn't necessarily increase consumer prices. It depends on where the money goes and how it gets there. Following each of the two bubble blow-ups this century, the feds decided to 'stimulate' the economy with fake money....In 2008, the feds had a choice. If they wanted to stimulate the economy, they could use monetary policy (lowering interest rates… and using quantitative easing (QE) to buy bonds)....

Add a comment

Open Letter to Patriotic Billionaires

Written by Staff Writer
0
0
0
s2sdefault

still life 851328 640An Open Letter to Patriotic Billionaires -Editors/Wall Street Journal
"Nineteen uberwealthy Americans posted an open letter Monday calling on 'all candidates for President' to support a 'moderate' wealth tax. Signatories include the investor George Soros, Berkshire Hathaway scion Molly Munger, Mickey Mouse heiress Abigail Disney, Facebook co-founder Chris Hughes, and a couple of Hyatt Hotel progeny from the Pritzker family. 'America has a moral, ethical and economic responsibility to tax our wealth more,' they say. Revenue squeezed from the top 0.1% could fund 'smart investments,' such as 'clean energy innovation,' 'infrastructure modernization,' 'student loan debt relief,' and 'public health solutions.'

Add a comment

Tough Questions for Dem Candidates

Written by Staff Writer
0
0
0
s2sdefault

question 2309042 640Tough debate questions 2020 Democratic candidates should have to answer -USA Today
"Presidential debate moderators should be as tough on Democrats as they've been on Republicans. Put them on the spot about culture and economics. The upcoming Democratic presidential debates will tell us a lot - not only about the candidates but also about journalists, a group often accused of liberal bias. Here are a few questions that would be equally tough on the 20 Democratic candidates: Sen. Kirsten Gillibrand, D-N.Y., said President Bill Clinton should have resigned because of his treatment of women. Do you agree Clinton should have stepped down as president due to his me-too problem?...

Add a comment

Is the U.S. Already in a Recession?

Written by Staff Writer
0
0
0
s2sdefault

businessman 3042272 640Is the U.S. already in a recession? This economist thinks it's possible.-USA Today
"Economists are increasingly forecasting a recession next year, but one believes the downturn has already begun. Gary Shilling, an economist and financial analyst who is credited with predicting several recessions over the past 40 years, thinks the U.S. is in a relatively mild slump.

Add a comment

'Dembates' Need a Magic Incantation

Written by Staff Writer
0
0
0
s2sdefault

39951579500 43d7a67629 mDemocrat 'dembates': Searching for the magic leftist incantation? -Ponte/WND
"The Democratic presidential candidate debates begin Wednesday and Thursday from 9 pm to 11 pm Eastern time. Inclusive to a fault each night will feature 10 candidates, three of whom are women. These debates will be illumined by...President Donald Trump, who promises to give his own running commentary via Twitter as the spectacle unfolds.

Add a comment