In The News Today

Posted at 6:37 AM (CST) by & filed under In The News.

Bill Holter’s Commentary

Where do you keep your wallet?

Global Megabanks Are Tanking – The Same Ones the Fed Bailed Out in 2019

As long-term readers of Wall Street On Parade know well, we have regularly warned that the failure of Congress to meaningfully reform Wall Street by restoring the Glass-Steagall Act poses a national security threat to our nation in times of crisis.

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Bill Holter’s Commentary

Maybe they should have read the definition of inflation in an older dictionary?  

“These people are either wildly incompetent, or they are lying to you.”

Oops! Our Bad! IMF Director Admits “We Printed Too Much Money”

Mostly we get lies, spin and obfuscation from central bankers, politicians and bureaucrats. But every once in a while, one of these people accidentally wanders into the truth.

IMF Director Kristalina Georgieva did just that during a recent panel discussion hosted by CNBC. She conceded that central banks globally “printed too much money and didn’t think of unintended consequences.”

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