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Reaction to Inflation Hitting a 30 Year High at 6.2%

In today's video, Patrick Bet-David gives his commentary on inflation hitting a 36 year high.
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China's Factory Inflation Hits 26-Year High; Fashion Brands Moving Production Out of Asia | NTD


00:00 NTD Business News- 11/10/2021
01:20 U.S. Inflation Hits 31-Year High
02:27 Inflation Impact On Small Business
05:47 China's Factory Inflation Hits 26-Year High
06:39 Fashion Brands Moving Production Out Of Asia
08:56 U.S. Drone Makers Try To Rely Less On China
11:04 Stock Markets Update
11:28 Gayed: Market Action May Not Be CPI Related
15:36 Rivian Becomes This Year's Biggest IPO
16:17 IRS Clamping Down On Digital Payments
17:03 Apple Launches Small Business Service
17:44 Buy Now Pay Later Startup Zilch Quadruples Valuation
22:55 Apple Is Paying Less For Trade-In Devices
23:44 Top Trends And Tech At Web Summit
25:27 Marie-Antoinette's Bracelets Sell For $8M

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Inflation surges to highest level in 30 years, Biden is about to press ‘panic button’ – Steve Hanke

Inflation surges to the highest level in 30 years, with headline CPI at 6.2% and core CPI at 4.6%.

Steve Hanke, professor of applied economics at Johns Hopkins University, discusses with David Lin, anchor for Kitco News, the implications for investors of higher inflation.

0:00 - Inflation
8:40 - Biden's Infrastructure Bill
11:10 - Government response
15:46 - Biden's "panic button"
19:00 - Gold sentiment

#inflation #economy #investing

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How Long Can Lies & Control Supplant Reality & Free Markets?
November 8, 2021

By Matthew Piepenburg

The facts of surreal yet broken (and hence increasingly controlled and desperate) financial markets are becoming harder to deny and ignore. Below, we look at the blunt evidence of control rather than the fork-tongued words of policy makers and ask a simple question: How long can lies & control supplant reality?

[goldswitzerland.com]

Krunoslav 9 Nov 11
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If you live on a fixed income this is hell. If you didn't get a jab and lost your job this is hell. If you have a full time job, again this is hell because your wages are going down. If you run a business your costs are escalating, your employees are pissed, and your customers are furious your prices of necessity are going up. Those with higher incomes are still going to feel all their costs going up. Combine this with Shits and Giggles attack on the energy industry NO ONE is going to be immune to this quicksand economy. Biden hasn't begun to see his numbers tank.

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