TOPICS AND TIMESTAMPS:

The Next Phase 0:00

Falling and Failing 0:28

Why Fed Must Stop 4:16

Uprising 8:19

California is rationing water amid its worst drought in 1,200 years - CBS News

https://www.cbsnews.com/news/water-cutbacks-california-6-million-people-drought/

Restaurants Add New Fees to Your Check to Counter Inflation - WSJ

https://www.wsj.com/articles/waiter-theres-a-fee-in-my-soup-11654139870

Red-Hot Coal Prices Threaten More Increases in Power Bills - WSJ

https://www.wsj.com/articles/red-hot-coal-prices-threaten-more-increases-in-power-bills-11654167025

Food banks struggle with inflation costs as demand spikes : NPR

https://www.npr.org/2022/06/02/1101473558/demand-food-banks-inflation-supply-chain

A Third of Americans Making $250,000 Say Costs Eat Entire Salary - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-01/a-third-of-americans-making-250-000-say-costs-eat-entire-salary?sref=ZMFHsM5Z

Bird Flu Brings Supply Gaps in Jennie-O Turkey This Summer - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-02/bird-flu-brings-major-supply-gaps-in-jennie-o-turkey-this-summer

Fed is in danger of losing control of public expectations of future inflation, Bullard says - MarketWatch

https://www.marketwatch.com/story/fed-is-in-danger-of-losing-control-of-public-expectations-of-future-inflation-bullard-said-11654105543

Fed Vice Chair Lael Brainard says it's 'very hard to see the case' for the Fed pausing rate hikes

https://www.cnbc.com/2022/06/02/fed-vice-chair-lael-brainard-says-its-hard-to-see-the-case-for-the-fed-pausing-rate-hikes-.html

Goldman’s Waldron Warns of Unprecedented Economic Shocks, Echoing Jamie Dimon - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-02/goldman-s-waldron-warns-of-unprecedented-shocks-in-echoing-dimon

EU Approves Partial Russian Oil Ban, Sanctions on Sberbank - Bloomberg

https://www.bloomberg.com/news/articles/2022-06-02/eu-approves-partial-russian-oil-ban-sanctions-on-sberbank?sref=jEerMkIZ

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