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Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economy

ICYMI: California approved a new type of burial called natural organic reduction that allows for human composting. NBC Bay Area spoke to Katrina Space, the pioneer of this burial method.

Q: A lot of viewers ask me why the Fed matters. A: The Fed is the official inflation fighter. It is jacking up interest rates. Result? Life is more expensive for anyone who borrows money.

The Inflation Reduction Act is mostly going to tax Warren Buffett and Amazon. "Berkshire led the estimated payout with $8.33 billion, and Amazon follows behind with $2.77 billion owed based on its 2021 earnings."

During an earnings call Thursday, Costco CFO Richard Galanti fielded a question on the famous hot dog-and-soda combo deal, which still sells for $1.50 at Costco food courts around the country despite record inflation.

Inflation has started cooling down in Canada. This is a good sign. Having said that, there will be further interest rate increases.

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Stay tuned🧐 Bankers still have to offload billions in risky financing commitments. With central banks hiking IR's to fight inflation and recession likely, few want to touch the debt without massive discounts, leaving the assets deeply underwater. #writedowns  #jobcuts 

Corporate profits at a all time high, Why have you still not added that conversation to a conversation on inflation? #inflation  #stockmarketcrash  #cryptocrash 

Annual rate of housing inflation remains high but has eased over past three months, finds property website via @IrishTimesBiz 

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Today I asked Fauci a simple question: Are there any studies that show a reduction in hospitalization or death for children that take a booster?   His answer: No   Then why is the government recommending it?

Reminder: inflation isn’t being driven by government spending. It’s being driven by a handful of giant corporations who are jacking up prices and raking in record profits.

us: left govt, high inflation uk: right govt, high inflation germany: centrist govt, high inflation italy: everyone in govt, high inflation wild guess it’s not the govt

Meat prices increased by double digits. Tyson’s CEO says they’re asking customers to “pay for inflation.” Meanwhile, Tyson’s posted $1 billion in profits last quarter — a 48% increase from the first quarter of 2021. Don't be fooled. This is about corporate greed. It always is.

Inflation. Their salary went up!!

President Obama set up anti-pandemic programs in 47 vulnerable countries, as a way to protect against something just like Coronavirus breaking out across the world. Experts begged Trump to keep them open. He closed 37 of them.

Shock. Shock. Shock. Gas prices are at the highest level in 7 years while Exxon Mobil, Chevron, Shell & BP made nearly $25 billion in profits last quarter – the highest level in over 7 years. The problem is not inflation. The problem is corporate greed, collusion & profiteering.

We will have Healthcare which is FAR BETTER than ObamaCare, at a FAR LOWER COST - BIG PREMIUM REDUCTION. PEOPLE WITH PRE EXISTING CONDITIONS WILL BE PROTECTED AT AN EVEN HIGHER LEVEL THAN NOW. HIGHLY UNPOPULAR AND UNFAIR INDIVIDUAL MANDATE ALREADY TERMINATED. YOU’RE WELCOME!

Here’s a useful summary of the current best thinking among public health experts on how we need to approach the fight against COVID-19 in the coming weeks.

A month ago, Trump said: “It’s going to disappear. One day, it’s like a miracle, it will disappear.” Yesterday, he said: “I don’t believe you need 40,000 or 30,000 ventilators.” What will it take to get @realDonaldTrump  to listen to experts instead of his own hunches?

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