Saturday , September 18 2021
Home / Jay Taylor Media (page 3)

Jay Taylor Media

The U.S. Economy In a Nutshell: When Critical Parts Are On “Indefinite Back Order,” the Machine Grinds to a Halt

A great many essential components in America are on ‘indefinite back order’, including the lifestyle of endless globally sourced goodies at low, low prices. Setting aside the “transitory inflation” parlor game for a moment, let’s look at what happens when critical parts are unavailable for whatever reason, for example, they’re on back orderor indefinite back order, i.e. the supplier has no visibility on when the parts will be available. If the part that blew out is .01% of the entire...

Read More »

Does the Fed Control Wages?

By: Robert Aro Could it be said that the Federal Reserve controls wages the same way they control the prices of goods and services? According to a CNBC article on Thursday, it seems the answer is “yes.” A less than stellar August jobs report showed: Average hourly earnings jumped 0.6% for the month, about double what Wall Street had been expecting, and the increase from a year ago stood at a robust 4.3%, up from a 4% rise a month ago. Strangely, these stats make news headlines when it’s...

Read More »

Misadventures in Fibrillation

Our guests are Thomas Wingert, a patient, Bogdan Enache, an electrophysiologist at Centre Hospitalier Princesse Grace in Monaco, and Saurabh Jha, an Associate Professor of Radiology at the Perelman School of Medicine and the University of Pennsylvania. SHOW NOTES? Point/Counterpoint on Halting the Implantation of Subcutaneous ICD. Editorial by B. Enache and J. Mandrola in JACC Electrophysiology. Watch the episode on our YouTube channel Powered by WPeMatico

Read More »

Using the “Natural Interest Rate” In Setting Monetary Policy Is an Impossible Dream

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.”–John M. Keynes1 It is held by many commentators that the Fed’s monetary policy, which is aimed at achieving price stability, is the key factor for attaining stable...

Read More »

The Fed Is Helping Facilitate Trailer Park Evictions

The Federal Reserve is helping corporate real estate investors evict poor people from mobile home parks. NPR highlighted the growing number of mobile home part evictions. According to the report, real estate investors continue to buy up mobile home parks across the US. They then raise lot rents and fees, and evict residents who can’t pay. As the report explains, the government makes this scheme possible with easy financing through agencies such as Fannie Mae and Freddie Mac. Here’s how it...

Read More »

Wholesale Inflation Soars, Gold Gets Sold?

A Pfennig For Your Thoughts September 13, 2021 * PPI soars, indicating that inflation continues…  * The dollar gets bought in the overnight markets…  Good Day… And a Marvelous Monday to you… Did you have a nice weekend? Mine was great! It started with a driveway happy hour on Friday, where I got to catch up with neighbors and former colleagues at EverBank. From there, the rest of the weekend was filled with absolutely fabulous weather, and two Cardinals victories, and being outside with...

Read More »

Pressure on the Fed

A bit of air came out of the market this week, and as inflation rates rise, there will be more pressure on the Fed to start to reduce money printing by reducing the Fed’s bond buying binge. Another pressure point on the Fed may be the enormous increase in reverse repo markets that are approaching $2 trillion. That money can’t be put to work in the real economy because interest rates are too low for banks to make loans. The market has also no doubt taken note that the $3+ trillion the...

Read More »

Biden’s Vaccine Mandates: It’s about Power

The Biden administration on Thursday announced sweeping new mandates. The new mandates require that all employers with more than one hundred workers require workers to be vaccinated or to test for the virus weekly. The mandates also require covid vaccinations for the 17 million workers at health facilities that receive federal Medicare or Medicaid. Moreover, vaccines are mandated for all employees of the federal government’s executive branch, and for all contractors who do business with the...

Read More »

A Legacy of Corruption in the FDA and Big Pharma

Our healthcare system is broken, a fact nobody would have disputed in precovid days. Regulatory capture is a reality, and the pharmaceutical industry is fraught with examples. Yet we trusted private-public partnerships to find an optimal solution to a global pandemic, assuming a crisis would bring out the best in historically corrupt institutions. Here is a brief list of less-than-savory behavior demonstrated by our titans of healthcare:  Pfizer and Johnson & Johnson plead guilty to...

Read More »

The Banality of (Financial) Evil

The financialized American economy and State are now totally dependent on a steady flow of lies and propaganda for their very survival. Were the truth told, the status quo would collapse in a putrid heap. Go ahead and be evil, because everyone else is evil, too, because being evil serves everyone’s interests far better than maintaining integrity, for integrity will cost you more than you can afford. In other words, lying, fraud, embezzlement, misrepresentation of risk, material...

Read More »