That will be $150 trillion, please. Speaking Finance Day Opening Event at COP26 in Glasgow, Scotland, Treasury Secretary Janet Yellen made quite the revelation. The planet will spend as much as $150 trillion over the next three decades to fund The Great Reset. In prepared remarks, Yellen stated: “Glasgow and COP26 is a pivotal moment […]
Archives for November 2021
WATCH: Federal Reserve Chair Jerome Powell speaks to reporters after FOMC meeting
Federal Reserve Chair Jerome Powell hosted a press conference after the Federal Open Market Committee (FOMC) hosted its November policy meeting. Watch here: https://www.youtube.com/watch?v=Nd40XFQwG3o
LOL: Pope Francis blames capitalism for world hunger
By: James Garagnon Last month on “World Food Day,” Pope Francis yet again graced us with some economic words of wisdom in three tweets, effectively blaming free enterprise and capitalism for the continued existence of world hunger: The fight against hunger demands we overcome the cold logic of the market, which is greedily focused on mere […]
Federal Reserve tapers pandemic-era stimulus, leaves rates unchanged, inflation is still ‘transitory’
It looks like Atlanta Fed Bank President Raphael Bostic will fill up his swear jar. “Transitory” is still in the Federal Reserve’s November policy statement. The U.S. central bank completed its Federal Open Market Committee (FOMC) meeting. It left interest rates unchanged, adding that it is no rush to pull the trigger on rate hikes. […]
WATCH: Joe Biden falls asleep during COP26 speeches (can you blame him?)
Once again, President Joe Biden has fallen asleep. During an appearance during COP26, Biden seemingly fell asleep as he was listening to speeches from other world leaders. Considering how dull, vague, and statist these conferences can be, who can blame him for napping? You’ve heard one climate change speech, you’ve heard them all.