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News Headlines: Finance, Economics and Geopolitics affecting money.
Tariffs don’t inflate the balloon, they redistribute the air.
You pay more for Chinese socks, less for things that are Made in America.

Peter St Onge, Ph.D.18.7. klo 19.30
We’ve seen essentially zero tariff inflation after 4 months.
Jerome Powell keeps warning it's right around the corner. While Secretary Bessent claims tariffs “cannot” cause inflation.
So who's right.
20,79K
TRUMP SAYS COCA-COLA WILL BE MADE WITH REAL SUGAR (The Telegraph)
Donald Trump has announced Coca-Cola has agreed to start using cane sugar in its American-made drinks, replacing the high fructose corn syrup that has sweetened the beverage for decades.
In a post on Truth Social on Wednesday, President Trump wrote: “I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so.
Full article:

14,8K
AMERICAN HOMEOWNERS AND FAMILIES GET RELIEF WITH THE 'ONE, BIG BEAUTIFUL BILL' (Fox Business)
The One Big Beautiful Bill Act (OBBBA), recently signed into law, contains some measures that will help American homeowners.
The piece of legislation officially became law after President Donald Trump signed the package of tax cuts and spending policies on July 4.
Full article:

9,43K
JP Morgan wants to print money, bet it on junk companies, and pocket the gains.
And when it blows up you — and your kids - will fund the bailout.

Peter St Onge, Ph.D.17.7. klo 19.30
JP Morgan warns of a “dangerous” bubble in junk lending.
On the very same day they dump $50B into junk lending.
Because taxpayers will eat the loss.
48,62K
Since 2008, gold prices say the odds of fiat collapse have tripled.
At this point gold’s pricing a paper money funeral.

Peter St Onge, Ph.D.16.7. klo 19.30
Gold prices say the fiscal collapse is accelerating.
Since the 2008 crisis the value of gold compared to fiat money has tripled.
Another tripling and it’s game over.
61,63K
SCOTT BESSENT CONFIRMS MOVES TO REPLACE JEROME POWELL ARE UNDER WAY: ‘THERE’S A FORMAL PROCESS THAT’S ALREADY STARTING’
(Fortune)
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott Bessent told Bloomberg on Tuesday. “There’s a formal process that’s already starting,” he said when asked about efforts to find Jerome Powell’s replacement as Federal Reserve chair. Powell’s term expires in 2026. In the first public acknowledgement of the much-rumored news about a transition at the Fed, Bessent added, “There are a lot of good candidates inside and outside the Federal Reserve.”
Full article:

48,65K
FXHedge kirjasi uudelleen
THE FAILURE OF THE DEPARTMENT OF EDUCATION
The Supreme Court ruled in favor of major layoffs at the Department of Education Monday. It’s a huge win for those who believe the department was a failure and in need of a huge reduction in size.
McMahon v. State of New York was a 6-3 decision, with the liberal justices dissenting. The case had been brought against Education Secretary Linda McMahon by a variety of lawsuits after she removed 1,400 employees from the Department of Education’s staff.
Link to full article in first reply.
@JarrettStepman @DailySignal

11,27K
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