I am old enough to remember when bankers such as Jay Powell viewed inflation as a bad thing. Now they can't stop trying to force it. The #economy's biggest risk is none other than Jay Powell himself. https://www.zerohedge.com/economics/powell-says-economy-faces-some-risks-good-place-spoke-dimon-moynihan #news #banking #finance #EndTheFed

By degrees, the Federal Reserve is implementing "stealth QE" through its "emergency" repo operations--now becoming permanent. If the #economy is doing well, why is there a constant need for ever more liquidity? Where is all the cash going? More than a decade after the last...See more

Carrie Lam's anti-mask law is having the predictable impact, as the protesters make it the new grievance in their ongoing struggle for freedom (and, ultimately, independence--for that is the only clear resolution to the current chaos). The protesters are making it clear they will brook no predations on their liberty. Not from Carrie Lam, and ultimately not from #Beijing. https://www.zerohedge.com/geopolitical/you-can-really-feel-peoples-anger-hong-kongers-gather-protest-governments-new-mask-ban #news #HongKong #protests #China