@econopat Profile picture

Lawrence Lepard

@econopat

Investment Manager, Equity Management Associates,LLC. Sound money advocate. Gold stock fund manager. Austrian economist. Anti-Federalist. CrossFit Athlete. #BTC

Lawrence Lepard Reposted

Unbelievable

Biden: "I cut the national debt so far!"



Lawrence Lepard Reposted

Proving that John Williams at Shadow Stats is right. Government figures vastly understate inflation.

Price inflation at every fast food restaurant in the US has far exceeded CPI inflation since 2014. Prices at McDonalds have DOUBLED since 2014 while official inflation data shows just 31% inflation. Prices at Popeyes, Taco Bell, and Chipotle have risen by 86%, 81%, and 75%,…

Tweet Image 1


Lawrence Lepard Reposted

@stackhodler trying to keep up! Don’t have the mountain charm and history but still great sunsets.


Lawrence Lepard Reposted

Ruh, roh…

OOPS! US 10y yields jump to 4.6% after hot US retail sales. Mar retail sales rose 0.7% MoM on the headline vs +0.4% expected, while the control group beat by even more: +1.1% vs +0.4%.

Tweet Image 1


Lawrence Lepard Reposted

I'll take: Thing You Don't See When The Economy is Healthy for $500, Alex

Tweet Image 1

Lawrence Lepard Reposted

OK Deflationistas. What you got? @paulkrugman @EconguyRosie Stubborn inflation pressures persisted in March, weakening the case for the Fed to begin reducing interest rates in June wsj.com/economy/inflat… via @WSJ


Lawrence Lepard Reposted

Isn't this rich. No shit Sherlock.

I thought he reported the news wrongly when I read the word *high* interest rates, but no it really looks like $JPM is employing research analysts that still have to attend 1st Year Uni basic economics course 🙄

Tweet Image 1


Lawrence Lepard Reposted

LL: i smell pivot Fed officials neared agreement last month on a plan to slow the runoff of their $7.4 trillion in asset holdings wsj.com/economy/centra… via @WSJ


Lawrence Lepard Reposted

Whoa, you mean ZIRP doesn’t work? 🤦‍♂️🤦‍♂️

Japan’s economy is at risk from price pressures from its two largest trading partners, according to the chief of the country’s banking association



Lawrence Lepard Reposted

Judge can’t even keep his story straight. Pathetic. This entire system needs to die! BurnItTheFuckDown. #Bitcoin

🚨NEW: These two opinions, made nearly a year apart, come from Judge Skavdahl in the @custodiabank vs. @federalreserve case. The first is from his opinion denying the Fed’s Motion to Dismiss. The second is from Friday’s decision on Summary Judgment where he sided with the Fed…

Tweet Image 1


Lawrence Lepard Reposted

Full disclosure, my Fund and I are Custodia investors.


Lawrence Lepard Reposted

The House always wins, Exhibit A. For all practical purposes rule of law is DOA in the US.

It’s not just the SEC. The Federal Reserve leads the Operation Chokepoint 2.0 crackdown on crypto. Custodia Bank @custodiabank has sued the Fed because it failed to approved Custodia's application for a Fed "master account." A Fed "master account" is essentially a bank account…



Lawrence Lepard Reposted

Man, this sucks. Fed gives out licenses to shitty banks and yet denied Custodia.

A sad day for financial freedom and innovation in the U.S. A Judge has ruled in favor of the Fed and against @custodiabank No way to sugarcoat it. This is a win for the forces behind Operation Chokepoint 2.0. @CaitlinLong_ is a fighter and I expect we might hear that she will…



Lawrence Lepard Reposted

Has the look of a slinky, or a ball falling off a counter. (source: Stewart Thomson) The dollar has lost 98% of it value in gold terms since 1971. That last 2% is at risk.

Tweet Image 1

Lawrence Lepard Reposted

Good cop arrives!

🔴 FED'S POWELL: WE DIDN'T OVERREACT TO LAST YEAR'S GOOD DATA, YOU WON'T HEAR US OVERREACTING TO THESE TWO HIGHER MONTHS THIS YEAR.



Lawrence Lepard Reposted

Long suffering gold stock investors dig this. Canadian Venture index is mostly miners. We all know what happened in 2016 and 2020.....wait for it..... (chart from Stewart Thomson) @TaviCosta @RonStoeferle @Brien_Lundin @RickRuleRulz @Myrmikan

Tweet Image 1

Lawrence Lepard Reposted

Yeah, it worked to increase the cost and decrease the quality of healthcare for most Americans. It also provided record profits for healthcare providers and drug companies who wrote the bill. Shame on you, you know this.

Fourteen years ago today, I signed the Affordable Care Act into law. Afterwards, one Republican member of the House called the ACA the “most dangerous piece of legislation ever passed in Congress.” Another predicted the country would “never recover from it.” But then something…

Tweet Image 1


Lawrence Lepard Reposted

LL: some excellent Fed deciphering here. Credit Bubble Bulletin : Weekly Commentary: That's Our Story... creditbubblebulletin.blogspot.com/2024/03/weekly…


United States Trends
Loading...

Something went wrong.


Something went wrong.