Money & Markets Report: October 7, 2021

Theme:

BofE to World: We Own You

Please login to see stories, charts, and subscriber-only content.
Not a subscriber yet? You are invited to join here!

165 Comments

  1. Hi Catherine,
    Here in Orlando, inflation is skyrocketing. I called A…List for bids to have my driveway and sidewalk pressure washed. In January 2020, I paid $75.00. The price quotes I got from A…List went from $500 to $536!!! We’re going to do it ourselves with a new power washer for $350.

    Also this month, I had trees trimmed. In February 2020 it cost $100. This year…$300, which was cheaper than the quote I got from A…List for $800. Strap yourself in, because it’s going to be a bumpy ride!
    Don Fraser

  2. Where we spend out money. Your comments might help more people get it if you describe it as our only freedom or vote that counts in where and how we spend our money. That is all we have left. Including who we bank with our money who has it and how we spend it is OUR ONLY REMAINING FREEDOM. If it is cash it is even better. But harp on how it is all we have left. It would only take 10% of the customers at Chase, Costco, Amazon to bring them down. Yes only 10% that think their 100 to 200 dollars is not much or does not matter to nake a difference.The power we have that we do not use is incredeble. You might have to dwell on how important all the customers that only spend 100 at costco or depostit 500 a month at chase are if 10% dissappear they will be on their knees fast. While we are looking down at the ashes:))

  3. How about taking some time with Mr Titus to explain what it means when the Fed grows its balance. If you grow a balance sheet you need a debit and a credit. So when the fed is buying assets where do they get the money to grow the balance sheet. If the stock and bond funny money is an assett where does the liability scome from? Does that mean they can also make money up for themselves?????? We know they can make up money for the Treasury federal notes. But how on earth can they make up treasuries and then make up their own money to buy the treasuries. We just sit around and pretend this is normal. They are buying the country and its assets with made up money ARE YOU KIDDING ME??? Please expand on this.

    Thanks

    Mike

    1. There’s a cognitive dissonance out there. The world and its mother can understand that when a company pays tax it directly reduces its profits. How can they not understand that handing a company money and getting nothing in return (a definition of deficit spending) directly pushes up company profits?
      The Company makes a profit and the government (taxpayer) makes a loss.
      That loss appears on “paper” in the form of debt (actually credit) typically Treasuries.
      Maybe that helped …

  4. My fist thought when I heard that the US has stopped mail to Australia is that it will prevent Americans from sending over Ivermectin survival care packages to friends and family in Australia. Australia outlawed Ivermectin recently.

  5. Catherine and John, fantastic work as ever.

    I watched the interview John Kerry gave in which Kerry said:

    “He (Biden) literally had not been aware of what had transpired”, with regard to the fallout with the French from the Australian submarine deal.

    Catherine, I was curious about your follow up comment; “if they pull the plug on Biden, it’s inconceivable that they won’t pull the plug on Harris”.

    Really? I thought one of the main reasons for the obviously fraudulent presidential election last year was that Harris was originally supposed to be the nominee, but ended up being far too toxic, and never recovered from Tulsi Gabbard’s evisceration of her record during the debates.

    Therefore, Biden was to be used as some sort of Trojan Horse, installed in office, then blamed for something so horrendous that he had to be removed from office, and thus Harris could slot in as his replacement (which was the plan all along).

    Is my read on this incorrect?

    If Biden and Harris are both forced out, that would be unprecedented in the history of the US. Who would replace them? I think the Speaker of the House is next in the line of succession, but how they would actually work in practice, I don’t know.

    1. IMO, only way you keep Harris on is if you want to break up the country in the next few years. I think in all scenarios you are better off moving Harris out and moving Yellin in.

        1. Yup. Control files are so useful. Just pop them out and you can fire anyone.

  6. CATHERINE,REFERRING TO YOUR ADVICE WHEN SOMEONE ASKED ABOUT A CONSULTATION WITH A FINANCIAL ADVISOR,YOU REPLIED “IA DOES A SCREEN NOW.” WHAT DOES THIS MEAN? THANKS TO YOU & JOHN FOR ALL THE GREAT INFORMATION! THE PRESENTATIONS ARE TERRIFIC!

    1. My investment advisory company does an investment screen for another investment advisory company – we do not provide investment advisory services directly to clients.

  7. Please provide a link to the YouTube you recommended at the end of this video. I looked all the way thru John titus and could not find one from 2017

    Also I still cannot find the link to purchase John’s book in the Great Reset

Comments are closed.