Submitted by Mike Shedlock via MishTalk.com,
Fed Governor Jerome Powell says “Signs of excesses are ‘isolated’. Asset Prices ‘not broadly unsustainable’“.
The Federal Reserve does not see “broadly unsustainable asset prices,” a senior U.S. central banker said Saturday, with financial excesses stemming from almost a decade of ultralow interest rates “isolated.”
In December 2014, as gas prices had plunged over 20% YoY, Janet Yellen proclaimed "from the standpoint of the U.S... the decline we've seen in oil prices is likely to be, on net, a positive," and that narrative of slumping gas prices being "unequivocally good" for Americans was spewed everywhere across linear-thinking mainstream media. So we wonder, with gas prices up 22% year-over, the fastest spike since 2011, is that "unequivocally bad" for America?
Authored by Davide Battistella,
Excuse me for wanting to point out the obvious, but sometimes the obvious gets very lost in the web of narratives spun by the master narrator inside the White House. Forgive me, but are we not losing the idea that the only narrative that really matters is that all of the information “LEAKED” was obtained through a simple fishing e-mail sent to John Podesta. See their own words here:
Suddenly the coolest thing in corporate America is announcing major capital investments in the US while adding thousands of American jobs, in other words the opposite of the globalization trend of the past 30 years, in yet other words, doing precisely what Donald Trump demands. The latest to jump on the bandwagon is none other than Fiat Chrysler, the Italian carmaking giant which ironically acquired US automotive icon Chrysler's assets after just a 42 day stay in bankruptcy during the financial crisis.
President Obama has quietly signed the ‘Countering Foreign Propaganda and Disinformation Act’ into law, making alternative media illegal in America. In his last defiant act as President, Obama signed the bill amid a total mainstream media blackout, authorizing authorities to arrest and shutdown purveyors of subversive news in the U.S. Thefreethoughtproject.com reports: In a statement, Obama said that: Today, I have signed into law S.