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#inflation

242 posts149 participants11 posts today

alojapan.com/1233899/japanese- Japanese Yen trades with mild positive bias against USD; bulls seem non-committed #boj #Currencies #inflation #Japan #JapanNews #Japanese #JapaneseNews #news #TradeWar #usdjpy The Japanese Yen attracts some buyers on Tuesday, though it lacks follow-through. Concerns that Trump’s tariffs would impact Japan’s industries cap gains for the JPY. The divergent BoJ-Fed expectations favor USD/JPY bears amid subdued USD demand. The Japanese Yen (JPY) …

Governments and "economists" are obsessed with increasing tax revenue.

But most of our taxes are stemming from wealth-destroying jobs and activities.

Governments end up with more money. While also ending up with less wealth to back said money.

Governments and "economists" are obsessed with increasing tax revenue.

But most of our taxes are stemming from wealth-destroying jobs and activities.

Governments end up with more money. While also ending up with less wealth to back said money.

Continued thread

🎬 PS: For a beautifully clear (and delightfully mind-bending!) explanation of what might have existed before the Big Bang, check out PBS Space Time’s fantastic episode, "What Happened Before the Big Bang?" hosted by astrophysicist Matt O’Dowd. Highly recommended as a thoughtful companion to this thread! 🌌🌀✨

👉 Watch it here on PBS Space Time pbs.org/video/what-happened-be

www.pbs.orgPBS Space Time | What Happened Before the Big Bang? | Season 5 | Episode 29We actually have a pretty good idea of what might have happened before the Big Bang.
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Day three: cont 🛒🥛🍞🥖

“The #supermarket giants have pushed back against #Labor’s pledge on price gouging, saying the #ACCC’s inquiry had not concluded they were engaging in the practice.” (says supermarkets)

VS

“We will fine them. We will fine them with heavy fines.”

David (DJ) Speers: “Heavy fines?”

Albanese: “Heavy fines to make sure that they know that if they’re ripping people off, then they are in the gun to pay a heavy penalty for it.” — #AnthonyAlbanese

#Labor / #Inflation vs #Corporate #monopoly <theguardian.com/australia-news>

the Guardian · Bandt says Greens policy ‘adopted’ by Albanese – as it happenedThis blog is now closed.
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"Banks are predicting a downturn for the American economy.

Goldman Sachs raised its 12-month recession probability from 20 percent to 30 percent on Monday, reported Reuters. The banking giant also downgraded American gross domestic product growth forecast from 2 percent to 1.5 percent, and projected three interest rate cuts by the Federal Reserve."

~ Ellie Quinlan Houghtaling

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket
/13

newrepublic.com/post/193388/do

The New Republic · Trump Insists Economy Not About to Explode as Banks Warn DifferentlyDonald Trump appears to be driving the U.S. right into a recession.
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"MAGA conservatives love Viktor Orbán. But he’s left his country corrupt, stagnant, and impoverished. ...

'Please trust us,' Orbán declared in his annual state-of-the-nation speech in early 2023. “You can bet on it: By the end of the year, we will have inflation in single digits'.”

~ Anne Applebaum

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites #Orbán #Hungary
/10

theatlantic.com/magazine/archi

The Atlantic · Orbán’s Hungary Could Be America’s FutureBy Anne Applebaum
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"On the Fox News Channel this morning, Director of the National Economic Council Kevin Hassett said: 'President Trump has a long run vision of a golden age of America and we’re working really, really hard to get it out there in time. But I can't give you any forward-looking guidance on what's gonna happen this week.'"

~ Heather Cox Richardson

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/8

heathercoxrichardson.substack.

Letters from an American · March 30, 2025By Heather Cox Richardson
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"Trump is a geopolitical Ponzi schemer, running a fraud on the American people and weakening our standing in the world. But he’s not just hurting Americans. He’s also making our allies reconsider everything, from intelligence-sharing to military procurement."

#Trump #economy #tariffs #recession #inflation #stagflation #StockMarket #TaxCuts #EconomicElites
/6

~ Ben Meiselas

meidasplus.com/p/canadian-mp-c