Authored by James Rickards via The Daily Reckoning,
After nine years of unconventional quantitative easing (QE) policy the Federal Reserve is now setting out on a new path for quantitative tightening (QT).
QE was a policy of money printing. The Fed did this by buying bonds from the big banks. The banks would then deliver bonds to the Fed, and the Fed would in turn pay them with money from thin air. QT takes a different approach.
Last week we quipped that it appeared as though Trump had officially scheduled his first kick-off planning session for the 2020 presidential elections when NBC News confirmed that he and Putin would meet later this week at the G-20 Summit in Hamburg. While details are still scarce on the agenda for the meeting, the White House is now saying that discussions between the two controversial world leaders will center around Syria and Ukraine. Per The Hill:
Authored by Daniel Lazare via The Strategic Culture Foundation,
June turned out to be the cruelest month for the Russia-gate industry.
The pain began on June 8 when ex-FBI Director James Comey testified that a sensational New York Times article declaring that “members of Donald J. Trump’s 2016 presidential campaign and other Trump associates had repeated contacts with senior Russian intelligence officials” was “in the main … not true.”
Together with lashing out at the anchors of Morning Joe, slamming "garbage" fake news CNN, and suggesting that Greta Van Susteren was fired because she "refused to go along with Trump hate", President Trump on Saturday blasted the 29 (and rising) states refusing to comply with his election fraud commission's request for voter data to a commission he created to investigate alleged voter fraud, asking "what are they trying to hide?"
Authored by Caitlin Johnstone via Medium.com,