So, can we now stop pretending government spending is spurring economic activity?

'Listen, America, this is Spain, coming from the future.
Your future'

Fed places liquidity over the inflation battle. Tressis

youtu.be/5n-u2DtH5GU?si…

Europe vs China.

Europe's problems are self-inflicted.

youtu.be/CZp-NG9Qlao

What can go wrong?

Remember 'the war on inflation is over'?

US inflation is accelerating in all segments, especially those that should be stable.

Inflation is caused by government and perpetuated by insane fiscal policy.

Spain. Industrial production index plummets 11% in March.

Adjusted for seasonality, the slump is 1.2%.

The EU is losing its attractiveness as a destination for investments.

We are on the best way to regulate ourselves into poverty.

Via Michael A. Arouet.

🇺🇸 Fed

Despite the initial anticipation of multiple rate cuts in 2024 as suggested by the Fed's 'dot plot,' the current market sentiment indicates a more reserved outlook, with fewer rate cuts in 2024
👉 isabelnet.com/?s=Fed

h/t BofAML #markets #Fed #fedfunds #rates

French President Wants More Transparency on China: Analyst ntd.com/french-preside… via NTD News

Commodity weakness shows how demand remains slow even with high China and India growth.

via Bloomberg

Within a decade European Union lost about 120 Billion $ in annual foreign direct investment and the US gained about 90 Billion $ per year, but hey let’s regulate AI and introduce four days workweek. What needs to happen for European politicians to wake up?

The Fed's delay in tightening has helped reduce the pressure on sovereign bonds, but not enough considering the rising supply of government debt.

'What causes prosperity?' is still one of the very most important questions we can ask--and must answer.

Get Ready for Weaker Growth and Higher Inflation. The Consensus Was Wrong. | Daniel Lacalle

Many economists argue that the economy is growing and inflation is a secondary problem. The average American, however, is poorer in absolute and relative terms.

mises.org/mises-wire/get…

There's been no real employment growth in nine months. Via Ryan McMaken

mises.org/mises-wire/ful…

The Fed Slows Quantitative Tightening, Fearing a Bond Meltdown theepochtimes.com/opinion/the-fe… via @epochtimes

Bitcoin against monetary destruction.