Now They Think Babies Can Be Racist...

Nearly 70% Inflation, Mass Layoffs, And A Strangled Economy: Iran's Brutal Test Of Endurance Iran’s economy is undergoing one of the most brutal stress tests in its modern history. Official annual inflation has surged to 50% according to central bank figures released shortly after the ceasefire, while the year-on-year rate reached as high as 67% through mid-April, according to the Wall Street Journal. The rial has crashed to a record low of 1.8 million to the dollar, roughly two million workers have lost their jobs, and the US naval blockade of...

White House Press Secretary Karoline Leavitt said on Wednesday that the US launched the war with Iran because President Trump had a “feeling” that Iranian forces were going to attack first. Leavitt made the comments when pressed on the claims that there was an “imminent threat” facing the US that justified the joint US-Israeli attack […]

'Princes Of The Dollar': Why QE Is Over Authored by Kane McGukin via Bombthrower, What the G20, Werner, and Warsh tell us about America's new monetary playbook In every transition, there are road signs along the way. Matt Dines has been one of the more accurate minds of late on the monetary and geopolitical transition we are living through. His and Camron Otsuka's commentary earlier this month on Mine Print Hash, post the G20 meeting in North Carolina, sheds a lot of light on major sticking points that will pave the way for...