Odds and Ends — 3 June 2021
We’re all seeing more and more stories about rising prices — food, steel, lumber, and many others. In my little corner of the world, I’ve recently seen some strange price moves. We buy milk in half-gallon containers, usually fluctuating in the $1.17–$1.29 range depending on market conditions, but it went to $1.99 overnight. But on the other hand, my local grocery has 3-pound bags of frozen chicken breasts for 99 cents, practically giving them away. Anecdotal evidence that supply chains are reeling between scarcity and abundance?
Coronavirus News, Analysis, and Opinion:
How harm reduction advocates and the tobacco industry capitalized on pandemic to promote nicotine
Free Beer Promised If U.S. Reaches Vaccine Goal
Anheuser-Busch, the national brewer that produces Budweiser, announced Wednesday it will give away free alcohol if the nation reaches President Joe Biden’s goal to have 70% of US adults receive at least one dose of the vaccine by July 4.
Cryptocurrency, Investing, Money, Economy, and Debt:
Just writing GMI and found this chart... US Household net worth in Fed Balance Sheet terms. Wow, no wonder people are angry and scared and splintering left and right to find answers... pic.twitter.com/n43hYwbsVG
— Raoul Pal (@RaoulGMI) May 29, 2021
Ransomware Is The Next Big Bitcoin FUD (podcast)
A dinosaur lashes out: ECB says digital euro may be needed to combat 'artificial currencies'
Politics:
Trump ends blog after 29 days, infuriated by measly readership
How Q And Trump Deadenders Became Obsessed With Myanmar
GOP Lawmaker Wants More Relief He Voted Against
Nevada to Offer Public Option for Health Insurance
Nevada looks set to become the second state in the nation to enact a ‘public option’ health insurance plan after Gov. Steve Sisolak said he intends to put his signature to state Democrats’ signature health care legislation.
Oh, to be a fly on the wall: Robert Mueller Will Share Lessons From Special Counsel Investigation During UVA Law Course
Democrat cruises to victory in New Mexico election despite GOP soft-on-crime attacks
Dealing with Manchin and Sinema: Democrats finally ditch the carrot and pick up the stick
Candidate interrupted by sex toy on drone, punched at event
Serendipity:
Buried Alive In Mongolia's Worst Sandstorms In A Decade
Iran’s largest warship catches fire, sinks in Gulf of Oman
Meme credit: AOmar1 (source)
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Gas prices are going up because of bid...
..."bidding". I was going to say bidding frenzy at the CME. Ughhhh...