Highs against just about every other currency in the world except the dollar now its made a new u. S. Dollar high and as you point out its an indictment a family for you have money is really crashing against against galled now Going Forward you know does that mean in inflation or deflation right this is weird topic because people have different definitions for these 2 words and it usually only goes in june interesting conversation and but what it what year take on it mark my on the accent already takes it away and im austrian and im also austrian in the economic sense of terms and the Austrian School of economics defines inflation this this. Is an increase of the money supply of im pick money supply if you talk about Price Inflation len we again have to specify what a Price Inflation are we talking about are we talking about asset Price Inflation are we talking. The consumer Price Inflation and so on but i mean this year it is inflation i agree to do that different issue and apparently
Blanks for and political activists are not what. You know are. Just mad because she really should system the modern world has a choice between a liberal. Disaster. And social media giants go on a purge of accounts praising the approach anti elites q anomic Conspiracy Theory and a move critics say will only bolster its supporters by confirming their fears. Theyre watching our 2 international bring you your live news update from our studio here in moscow welcome to the program. We start with lebanon whose capital beirut is trying to get back on its feet after the devastating explosion there on tuesday the number of People Killed in the massive blast has a. Risen to 154 the thousands more injured search and rescue teams are still clearing rubble and hopes of finding survivors with scores of people still missing the explosions shockwave wreaked havoc across the city trying buildings businesses and homes the un has warned of a humanitarian crisis with 300000 people in need of aid shelter r.
Accelerating recently as you said and to the moon i think ive got a nice comparison for you here i mean weve saw this billions and actually trillions of money printing recently and that the small calculation so the feds expanded the Balance Sheet by 3 trillion within a very short time recently so what is 3 trillion 1. 03 trillion dollars if you make a staple of 1. 00 coin this is a mind boggling staple of 3003700000 miles and this is a chilly. 20 light seconds so this is actually several times the distance to the moon and this was just created out 2 of nothing within a few weeks and thats i think the real problem which we are facing and and people are waking up to this problem and i think thats a very interesting. Wayne good analogy there with the staples and all that stuff its amazing when you put these graphics and you look at them how really incredible trillions and trillions of dollars as now of course gold is making new all time highs against just about every other currency in the
The november election going underground especially the difficult choices facing American Voters with foster and political activists for the west. Doors. Which are just mass incarceration system modern world chile which we live. Disaster. And in germany parents to a Primary School after their daughter was punished by teachers for speaking her native turkish on the playground. A very warm welcome to the program this friday at 6 pm here and the russian capital lets get started with a lot of news update. Massive protests are taking place in lebanon in the wake of tuesdays devastating explosion 154 people lost their lives in that tragedy and thousands more were injured these are the latest pictures from beirut or public anger is building against the government. 6 now we can bring you live pictures from the lebanese capital thousands of people are gathering on martyr square calling on the government to step down protesters claim that corruption and official incompetence led directly to the d
A major role on sesame street and the mr rogers neighborhood it doesnt appear to exist at all here in washington d. C. Because fresh up the news of one of the worst contractions of the economy in u. S. History with millions upon millions upon millions of folks facing joblessness the victims of potential sickness or even death thanks to a Global Pandemic the United States congress the senate in particular has decided to take a 3 day weekend no im not making it up yes Chucky Schumer Mitch Mcconnell an arrest and decided to take friday the 31st of july off despite the fact that the co but 19 emergency 600 dollar weekly federal Unemployment Benefits expires and you guessed it friday the 31st of july all but guaranteeing that tens of millions of americans will see their incomes drop by 50 to 75 percent with another rent payment due in just 24 hours while Mitch Mcconnell is resting his corporate job on a mint julep in. Old kentucky home reveling in the true art of irresponsibility the New Yo