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The Truth Central Apr 17, 2023: The Federal Reserve’s Financial Troubles

Posted on April 17, 2023 by admin | 111 Comments

After the pandemic, the Federal Reserve expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and mortgage-backed…

California Utilities Propose Charging Customers Based On How Rich They Are

Posted on April 17, 2023 by admin | 102 Comments

Spread the loveAs if the relatively affluent needed another reason to escape California… If you earn more, you pay more. That’s the bottom-line impact on your electricity bill if a proposal…

India’s Low Dependence Ratio Positions India for Economic Growth

Posted on April 17, 2023 by admin | 109 Comments

Spread the loveUN projections published in 2022 show that India’s dependency ratio is 47 dependents for every 100 workers in 2023, falling from where it sat 25 years ago at…

Recession Risk Grows After Money Supply Shrinks at Fastest Pace Since Great Depression

Posted on April 17, 2023 by admin | 92 Comments

Spread the loveThe U.S. money supply contracted for the third consecutive month, and is declining at the fastest pace since the Great Depression, new Federal Reserve data show. In February,…

The Federal Reserve Is Bankrupt

Posted on April 17, 2023 by admin | 552 Comments

Spread the loveIn the post-pandemic period, the Fed expanded the money supply significantly to support a swift economic recovery. It did so by purchasing vast amounts of US Treasury bonds and…

Commercial Real Estate Crash Will Trigger Recession and “Force The Fed To Restart QE”

Posted on April 16, 2023 by admin | 104 Comments

Spread the loveMorgan Stanley predicts a 40% collapse of the Commercial Real Estate (CRE) debt market—a credit crunch will trigger the next round of bank failures. US securitized CRE debt…

Inflation Causes Consumer Spending Decline

Posted on April 16, 2023 by admin | 112 Comments

Spread the loveRetail sales in the U.S. fell 1 percent from February to March, according to Census Bureau Data released Friday, a sharp drop signaling that the economy is slowing faster…

Ukraine pulls back as Russia mounts ‘re-energized’ Bakhmut assault

Posted on April 15, 2023 by admin | 96 Comments

Spread the loveUkrainian troops pulled back from some territory in Bakhmut this week as Russia launched a “re-energized” assault on the Donetsk Oblast battlefield city, British intelligence said Friday. “Russia…

India’s Population Surpasses China’s, Shifting the World’s ‘Center of Gravity’

Posted on April 15, 2023 by admin | 110 Comments

Spread the loveChina’s population has reigned as the largest in the world for more than two centuries. Now India is taking its place, heralding a major shift in the global…

The Truth Central Apr 14, 2023: Kremlin, NATO, Fight for the Black Sea Area; Oil Rises Again

Posted on April 14, 2023 by admin | 110 Comments

Russian President Vladimir Putin says "The Black Sea will never be a NATO sea" while his nation is still in the middle of a war with Ukraine, a nation he…

How electrification became a major tool for fighting climate change

Posted on April 14, 2023 by admin | 116 Comments

Spread the loveAccording to the Energy Information Agency of the U.S. Department of Energy, U.S. gets only 12.5% of our energy from renewable solar and wind energy. EPA’s mandates for…

Wagner and Russian Army Cooperate in Fresh Push to Take Bakhmut

Posted on April 14, 2023 by admin | 88 Comments

Spread the loveRussia stepped up its campaign to capture Bakhmut in eastern Ukraine, pushing Ukrainian forces further from the city center as explosions rocked Russian-occupied Melitopol ahead of an expected…

Gold Trading Above $2,000/oz as Fed Predicts Recession

Posted on April 14, 2023 by admin | 119 Comments

Spread the loveSpot gold was up 1.2% to $2,037.68 per ounce by 10:45 a.m. EDT, its highest since March 2022 and about $35 off record highs. US gold futures gained…

The Black Sea Will Never Be ‘NATO’s Sea’, Kremlin Vows

Posted on April 14, 2023 by admin | 89 Comments

Spread the loveLiz Truss, who briefly served as the UK’s Prime Minister in 2022, has this week called for Ukraine to be fast-tracked into NATO. “I also believe we should…

Oil Prices On Track For A Fourth Consecutive Weekly Gain

Posted on April 14, 2023 by admin | 102 Comments

Spread the loveOil prices are on course for their fourth consecutive weekly gain, with WTI trading above $82 and Brent trading above $86. OPEC+ oil production cuts are bad news…

The Truth Central Apr 13, 2023: UN Seeks More Power; Biden Doubles Down on EV Mandates

Posted on April 13, 2023 by admin | 110 Comments

The United Nations says it wants its members to give the organization an array of "Emergency Powers" to wield during what they deem as a crisis such as pandemics or…

Inflation Picture Mixed: Inflation Still 5.6% (Not Counting Food and Energy)

Posted on April 13, 2023 by admin | 113 Comments

Spread the loveInflation has come down from its historic highs, though not far enough to stop plaguing the economy just yet. That’s the takeaway from data released yesterday. First, the…

No Russia-Ukraine Peace Talks Expected in 2023

Posted on April 13, 2023 by admin | 118 Comments

Spread the loveAfter 10 months of one of the longest and bloodiest battles in Russia’s war in Ukraine, Ukrainian soldiers are now defending a shrinking half-circle of ruins in a…

UN Seeks Vast New Powers for Global Emergencies

Posted on April 13, 2023 by admin | 96 Comments

Spread the loveThe United Nations is seeking vast new powers and stronger “global governance” tools to deal with international emergencies such as pandemics and economic crises, a new U.N. policy brief…

Europe Backtracks on Its Gas-Car Ban

Posted on April 13, 2023 by admin | 113 Comments

Spread the loveThe implausibility of a net-zero carbon energy future is becoming so obvious that even Europeans are starting to notice. Witness the weekend decision to step back from the…