US CPI: the trend is not your friend. On a three-month annualized basis inflation is up 8.2% and is up 5.6% on a 6-month annualized pace.
Over the past year energy prices were up 23.5%, energy commodities 40.6% and gasoline prices 40.6%. #Econ #EconSky
I’ve lived in countries like that. The rich hide in barricaded communities and keep their passports close, ready to flee.
To accelerate faster than anything can regulate is to court Armageddon, and he would sooner risk that than be governed by anyone but himself. (The tech neo feudalism motto) a sobering, beautiful piece.
open.substack.com/pub/heyslick...
It seems overnight the White House has been replaced by a Monster Energy Drink branded UFC cage
Kiss those rate cuts goodbye
www.bloomberg.com/news/live-bl...
Mexico wipes out farm debts for tens of thousands of small producers. Claudia Sheinbaum’s government will forgive or restructure debts owed by small farmers, fishers and rural producers to Mexico’s former agricultural finance agency. Peoples Dispatch buff.ly/Keld79w
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