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Inflation Reduction Act: The Big New Tax

Instead of placing restrictions on the Fed and Treasury or applying a gold standard to curb unchecked money creation, their idea of reducing rampant inflation is taking more money away from income earners through more taxation. From NBC News, here’s what’s in the Bill: $739 billion in revenue: 15% Corporate Minimum Tax, $313 billion. Prescription

The Next Dip

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“There are no certainties; only probabilities.”

– George Gammon

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Read More »The Next Dip

A Recipe for Disaster

We’ve written a lot on this site about inflation and the effects Covid Lockdowns have had on money supply and supply-chains. But these issues just scrape the surface of how bad this 2022 recession is going to be. Cathie Wood recently came out and said we’re already in a recession – others are saying we’re