SpendSpace_IO
172 posts

SpendSpace_IO
@SpendspaceIO
Personal FInance app, with global banking API connections available




The bond market is yelling from the rooftops that inflation is about to soar. And you're betting on the Fed remaining dovish?? Think again!






🇺🇸 U.S. oil exports hit a record 6.4 million barrels per day





The Fed expanded the money supply by nearly $9 trillion under Powell. Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money.





JUST IN: Mayor Mamdani says New York City faces a “budget crisis of historic magnitude,” asks the state for more aid.













