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Treasury Department will lead a new working group to explore a possible launch of a digital dollar

http://mikenormaneconomics.blogspot.com/2023/03/treasury-department-will-lead-n…
Created
Thu, 02/03/2023 - 14:03

 

This will eventually happen but that’s not the point… here’s the thing:  the whole USD system will go CBDC…. The WHOLE THING….  and then… these Art degree monetarist morons will STILL insist the abstractions are REAL! …. They will!  …. Lock it…





Inflation has probably peaked in Australia – yes, it was a transient episode

https://billmitchell.org/blog/?p=60681
Created
Thu, 02/03/2023 - 13:48
Given yesterday’s extensive National Accounts analysis replaced my usual Wednesday blog post, I am using today to discuss a range of issues and provide a musical interlude into your lives for peace. Yesterday’s bad National Accounts data release took the headlines away from another data release from the ABS yesterday – the monthly CPI data…

Another fault line in the MAGA coalition forms

https://digbysblog.net/2023/03/01/another-fault-line-in-the-maga-coalition-form…
Created
Thu, 02/03/2023 - 12:00
Here’s an interesting new wrinkle in the American First populism of the Republican Party. Some MAGA oxes are potentially being gored and they don’t like it: Donald Trump’s latest salvo in his trade war with China is raising hackles among fellow Republicans from farm states, a crucial voting bloc in the 2024 GOP primary. The former and would-be future president pitched a new proposal Monday to overhaul the U.S. trading relationship with Beijing, part of a wave of anti-China rhetoric surging through Washington in the wake of the Chinese spy balloon flap earlier this month. But while there is consensus within the GOP on taking a tough line, many rural Republicans were quick to reject Trump’s calls to slap new tariffs on Chinese goods — since Beijing targeted the U.S. farm economy during the former president’s last trade war with China. The rare pushback, in public and private, presents an early break with some representatives for one of his key constituencies: rural Americans.

Exclusive: ‘You can’t stand for Labour – you blew whistle to protect women’, Akehurst-led panel tells Cohen

https://skwawkbox.org/2023/03/01/exclusive-you-cant-stand-for-labour-you-blew-w…
Created
Thu, 02/03/2023 - 10:48
Former parliamentary staffer says NEC panel told her she couldn’t stand for selection as W Mids mayoral candidate because whistleblowing would ‘bring Labour into disrepute’ On Tuesday, Keir Starmer exploited an appearance with former Spice Girl Mel Brown to – again – trumpet his supposed commitment to tackle violence against women and girls. But just […]

The assault on democracy is not over

https://digbysblog.net/2023/03/01/the-assault-on-democracy-is-not-over/
Created
Thu, 02/03/2023 - 10:30
Election deniers are embedded all over the place We’ve stopped talking about this. That’s a mistake. From TPM: Since losing their midterm elections, several election deniers have sought leadership positions within their state Republican parties, all part of a national play by Trump supporters and Big Lie enthusiasts to keep election denialism alive and well, while they seek more control over local elections. Two-thirds of the 345 election deniers who ran for office in 2022 won their races, according to a Brookings Institution study. But many, like former community college teacher Kristina Karamo, still lost, particularly in battleground states. Karamo was running to become Michigan’s secretary of state during last fall’s midterm elections. The Trump-endorsed nominee argued as part of her campaign platform that the state’s election systems were vulnerable to fraud. True to form, Karamo even filed a lawsuit ahead of the election to try to force Detroit voters to either show up to polls or pick up absentee ballots in person, a legal challenge inspired by claims from Dinesh D’Souza’s debunked propaganda film.