#CubaWatch🇨🇺: COMMUNIST PARADISE = INFLATION HELL HOLE. Today, I accurately measure inflation in Cuba at a PUNISHING 42%/yr. This puts Cuba in 9th place on this week's #HankeInflationDashboard.

#MexicoWatch🇲🇽: Mexico's inflation is at 5%/yr. That's above Mexico's 2-4%/yr inflation target. NO SURPRISE. Mexico's money supply (M4) is growing at 10.4%/yr, ABOVE Hanke’s Golden Growth Rate range of 7.3-9.3%/yr, a rate consistent with hitting its inflation target.

A study published in the journal Science evaluating more than 1500 climate policies in 41 countries found that only 63, or 4.2%, actually worked to reduce greenhouse gas emissions. MORE GREEN MADNESS. wsj.com/science/enviro…

Following last night's debate, VP Harris has gained ground in the US presidential race. On Polymarket, Harris and Trump are now tied with a 49% chance of winning the election. Before the debate, Pres. Trump led Harris 53% to 47%. The markets = Harris won the debate.

After today's slow inflation data, the Fed funds futures market is betting HEAVILY on a September rate cut of 25 basis points. Acc. to CME Group's Fed funds futures mkt, traders predict an 83% chance of a 25-basis point cut in September, and only a 17% chance of a 50 bp cut.

CRYPTO = CURRENCY OF CHOICE FOR CRIMINALS & FRAUDSTERS. According to an FBI report, Americans were duped out of more than $5.6 billion last year through cryptocurrency fraud schemes. That's a STAGGERING $15.34 MILLION per day. apnews.com/article/crypto…

Chinese firms have made critical breakthroughs with High Pressure Acid Leach tech. China leads the West in the "3Ms": Mining, Metallurgy, & Material Science. As I wrote in WSJ: “With rare earths and critical materials, Beijing has an ace up its sleeve.” wsj.com/opinion/china-…

#EgyptWatch🇪🇬: According to the Central Bank of Egypt, Egyptian remittances increased by 87% between July 2023 and July 2024. EGYPTIAN ECONOMY = IN THE TANK. Egyptian diaspora = Egyptian lifeline.

#ZIMWatch🇿🇼: Zimbabwe’s money supply (M2) is SKYROCKETING at 254%/yr in July, up from 199%/yr in June. It’s no surprise that today, I measure Zimbabwe’s inflation at 995%/yr—the HIGHEST IN THE WORLD. PRES. MNANGAGWA = INCOMPETENCE.

BREAKING: The US is granting Egypt an additional $1.3bn in military aid. Guess who's cashing in? The military and President Sisi's cronies. wsj.com/world/middle-e…

"Liberty, the future, and freedom, everything exists with justice!" – Atatürk

#KeepEyesOnSudan🇸🇩: Famine, destruction, and death ravage through Sudan. To make matters worse,  I accurately measure SUD's inflation at a SKY-HIGH 367%/yr, the third-highest in the WORLD.

#ZIMWatch🇿🇼: Today, I measure inflation in Zimbabwe at 995%/yr. That’s the HIGHEST INFLATION RATE IN THE WORLD. ZIMBABWE'S ECONOMY = IN THE TANK.

#ARGWatch🇦🇷: Argentina's inflation checks in as the 5th HIGHEST in the WORLD on this week's #HankeInflationDashboard. I accurately measure Argentina's inflation at a PUNISHING 80%/yr. It's time for Pres. Milei to DOLLARIZE.

The BRICS group is desperately trying to figure out how to replace the US dollar. But their talk of a BRICS gold-backed currency is nothing but HOT AIR. BUY DOLLARS, WEAR DIAMONDS.

My friend Chris Wood in Greed & Fear on the US labor markets: From June 2023 to July 2024, part-time employment rose by 1.48M, while full-time jobs dropped by 1.1M. PART-TIME EMPLOYMENT GOING UP AND FULL-TIME GOING DOWN = A RECESSION IS IN THE WINDS.

The US and the West have become "infatuated by sanctions & protectionism." The West's march to DE-LIBERALIZE has opened the door for the expansion of BRICS. PROTECTIONISM = LOSERS FREE TRADE = WINNERS theafricareport.com/360970/do-reco….

An op-ed in Pakistan's Express Tribune just reiterates what I’ve been saying for years: Devaluing a currency DOES NOT boost exports, it only fuels MORE INFLATION. STRONG CURRENCY = BOOST BUSINESS PRODUCTIVITY = REAL ECONOMIC GROWTH. tribune.com.pk/story/2494549/…

Fed Chair Powell & The FED are FLYING BLIND. They are not keeping their eye on the money supply. It has CONTRACTED since July 2022. MONEY CONTRACTION = RECESSION.