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Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live
Warsh Tells Congress Fed Has "No Tolerance For Elevated Inflation": Watch His Testimony Live
Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh’ text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT.
In his prepared remarks, Warsh said policymakers at the central bank have no tolerance for high inflation, reiterating a vow to tame price growth that has been elevated for five years.
“The members of our committee have no tolerance for persistently elevated inflation,” Warsh...
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Aug 7, 2026 / Tyler Durden
Meet The Lab-Leak Proponent Set To Take Fauci's Old Job
Meet The Lab-Leak Proponent Set To Take Fauci's Old Job
Authored by Paul D. Thacker via The DisInformation Chronicle,
Politico reported that physician-scientist Steven Quay is going through final vetting to take over Tony Fauci's job at the NIH, reporting that aligns with rumors I've been hearing from sources inside the administration for several months. Quay sat for an interview with me on the DisInformation Chronicle podcast last June to talk about changes NIH should make to ensure we don't have another pandemic caused by dangerous virus research, and I ran...
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Jan 20, 2023 / Michael Kern
China To Accelerate The Construction Of Coal-Fired Power Plants
China expects to add 70 gigawatts (GW) of coal-fired power generation this year, up from 40 GW of capacity from coal installed in 2022, a report from the power sector’s group, China Electricity Council, showed.
The coal additions, however, will not be the biggest capacity increases in China in 2023, per the report quoted by Bloomberg.
Aug 5, 2026 / Tyler Durden
How Economic Power Has Shifted Over The Past 200 Years
How Economic Power Has Shifted Over The Past 200 Years
Over the last 200 years, economic leadership has shifted from China to the British Empire, then to the United States, and increasingly back toward Asia.
This streamgraph, via Visual Capitalist's Gabriel Cohen, tracks how the share of global gross domestic product (GDP) held by major economies changed from 1820 to 2025. The visualization incorporates the latest available data from the Maddison Project Database, the COLDAT Colonial Dates Dataset, and the IMF’s World Economic Outlook.
All GDP figures are adjusted for purchasing power parity (PPP), accounting...
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