Saturday, November 28, 2020

Tag: The Federal Reserves and Mainstream Media’s Moronic Statements On The Whole F…

The Federal Reserves and Mainstream Media’s Moronic Statements On The Whole Foods Buyout

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by Jeff Berwick, The Dollar Vigilante:
It’s already bad enough we live in a world overpopulated by idiots. Worse, they are often in charge of ‘the monetary system’ and even head up ‘the media’! Luckily for tomorrow, entrepreneurs are busy developing a decentralized crypto-monetary platform for a money that nobody can control, and an alternative media, of which we are part.

One recent article encompassed precisely the unnecessity of the stupidity of central bankers and their mainstream financial media lapdogs.

The article was entitled, “Amazon cutting prices at Whole Foods will not cause deflation.”

The author was responding to a quote from a Fed official, Charles Evans, who claimed the merger would result in lower grocery prices.