Inflation and interest rates: the US experience

Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?

Inflation and interest rates: the US experience

Why might Africa want France gone? + ECOWAS Activates Standby Force for Potential Niger Intervention

Let’s continue to follow the post-coup situation in Niger. We had Victoria Nuland travel to Niger, presumably to help organize the overthrow of the government since 1- that’s usually what a visit from Nuland portends and 2 – a “rebel movement” called the Council of Resistance for the Republic under the leadership of someone named Rhissa Ag Boula started just after her visit. If there is going to be a Western war over this coup, it is likely that Nigeria – the giant country in West Africa with 224M people, much bigger than all other countries in the region combined – will be a part of the intervention, as would France and presumably the US. Other countries of the region are lining up on one or the other side, with Burkina Faso, Mali, and Algeria all lining up with the post-coup Niger government, so we are in a scary situation.

Why might Africa want France gone?

Related:

ECOWAS Activates Standby Force for Potential Niger Intervention

NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War

This is a clip from our show SYSTEM UPDATE, now airing every weeknight at 7pm ET on Rumble. You can watch the full episode for FREE here: How Endless War Bankrupted the US While Inflicting Mass Suffering at Home. Plus: Macron Threatens Internet Shutdown & Update on US Govt’s Private Data Purchases | SYSTEM UPDATE #111

NY Times Blames SOCIAL SPENDING for Debt Crisis—Ignores Endless War via Glenn Greenwald

Related:

America Is Living on Borrowed Money

America’s Wars and the US Debt Crisis

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis