ECONOMICS: Measuring the FED’s inflation over time

Saturday, February 3, 2024

https://schiffgold.com/commentaries/wildest-inflation-red-flag-vegas-table-limits/

Wildest Inflation Red Flag: Vegas Table Limits | SchiffGold

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Take the Las Vegas Strip. Casinos on the Strip, long known for trying to take the money of everyone from the highest high-rolling whale to the coupon-clipping low-roller camped out at Motel 6 or Excalibur Casino, are now finally admitting that some dollars aren’t worth the effort of taking. In August, the Wall Street Journal reported on the declining number of tables where you could play blackjack in Las Vegas while the amount of revenue earned from blackjack stayed high even as casinos offered worse rules to players, such as paying out 6:5 when a player receives a “blackjack” rather than the traditional 3:2. Strip casinos are also doing away with low table limits, meaning that players that want to risk $5 or $10 on a single hand of blackjack are struggling to find a game.
 
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​Wow.  I remember 25¢ craps where I learned to play.  And 10¢ a way Keno on 15 lines.  Sigh.  I miss the cheap buffets, “free” rooms, and $1 per seat “shows”.  Progress?  I think not; INFLATION due to the FED and Gooferment spending.
 
#ENDTHEFED
 
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MONEY: Has time finally run out?

Wednesday, March 16, 2022

https://www.zerohedge.com/personal-finance/peter-schiff-warns-tucker-carlson-inflation-only-has-one-way-go

Peter Schiff Warns Tucker Carlson: Inflation Only Has One Way To Go!
BY TYLER DURDEN
TUESDAY, MAR 15, 2022 – 08:11 AM
Via SchiffGold.com,

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Last week, we got another big jump in consumer prices with the February CPI data. Peter Schiff appeared on Fox News with Tucker Carlson to talk about the rampant inflation. He said it’s only going to get worse. Inflation only has one way to go.

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I’ve blogged about this self-inflicted national disaster for decades.  Been aware of the problem since the late 60’s.

And, I hope that I don’t I’ve to see some very ugly chickens come home to roost.

The problem is the FED! The Federal Reserve Bank is a misnomer. IT ain’t “federal”. It reserves nothing. And, it ain’t a “bank”. It is a private cartel of the elite banks run for their benefit and that of the entrenched politicians.

When will “We, The Sheeple” wake up?

If, ever!

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