Again, economic statecraft eclipses the market’s desire to just talk economic policy. While none of the big central bank decisions yesterday produced headline surprises (the BOC cut 25bps, the Fed held, and the BCB raised 100bps), statecraft was deeply entwined in what they said.
Even before we got to their meetings, the Financial Times reported a 1920’s-style headline that the Bank of England was bleeding gold as bullion floods to the US to front-run any potential tariffs. Gold bugs will point to Trump inflation risks and nod; but gold was running to the US and away from the UK (where Chancellor Reed tried to sell the markets on her go-go growth policies just months after what was seen by business a slow-slow budget).
The BOC dropped forward guidance because of the risk of 25% US tariffs in days: and while it made the statecraft-blind statement that ‘inflation is over’, the Governor implied if tariffs happen, the Bank will have to help… but by cutting or hiking into a spike in inflation and a deep recession (according to DeepSeek)?
The Fed said asset prices were high while rates were way above neutral(!) but isn’t in a hurry to cut because it has to wait to assess Trump policies. (Our Fed watcher Philip Marey’s take is here: he has now pushed back his last presumed cut in this cycle to June.) President Trump unleashed a tirade against the Fed on social media: he proposes the Fed disposes rate cuts.
However, the White House will approve of Powell saying the Fed has no problem with US banks helping their customers with crypto, and not being averse to innovation. Or more digital asset bubbles? Or economic statecraft, which will be joined at the hip given the White House has already banned all potential CBDCs as rivals to ‘Made in America’ digital assets? […]
— Read More: www.zerohedge.com
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.