Bill’s Commentary:
“The Fed is already insolvent, it is only a matter of time before the dollar is grossly devalued!”
The Fed is already insolvent. Here’s how we think this plays out
On Tuesday, September 15, 1992, the two most powerful financial officials in the British government held an urgent meeting that night to review their plan for when the markets opened the next morning.
The tone of the meeting must have felt frantic… even desperate… because the value of the British pound had been falling for weeks.
Bill’s Commentary:
“Jamie Dimon sugarcoats it for you.”
JPMorgan CEO Jamie Dimon says can’t rule out ‘hard landing’ for the U.S., stagflation will be ‘worst outcome’
JPMorgan Chase’s chairman and CEO Jamie Dimon says a “hard landing” for the U.S. cannot be ruled out.
When asked by CNBC’s Sri Jegarajah about the prospect of a hard landing, Dimon replied: “Could we actually see one? Of course, how could anyone who reads history say there’s no chance?”
Bill’s Commentary:
“Of course Community Notes works better than “moderation” (read CENSORSHIP). This way dissenting …and common sense views are heard.”
Elon Musk’s Community Notes Feature on X Is Working
After Elon Musk bought Twitter (now X) in the spring of 2022, the social media company got rid of many of its behind-the-scenes moderators, slashed the system whereby users could flag tweets for review, and ramped up a different system to fight misinformation — a form of crowdsourcing called Community Notes.
A wave of outrage followed these changes. But the Community Notes feature has the benefit of transparency and shows scientific and medical merit. And a new academic review suggests it’s working — a least for scientific issues.
The latest from Erik –
BillHolter.com 
Thank you pamelamoves@gmail.com
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