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I think one of the great misconceptions about economic crisis is that solutions are always dependent on centralized government action. In truth, most financial disasters are actually caused by too much government action and involvement.
Flight from big cities INCREASES despite end of pandemic with record numbers of homebuyers relocating from coastal cities like San Francisco, Los Angeles, New York and Seattle to more affordable areas to beat inflation and work from home
According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty years.
Homebuyers have faced a dilemma during the pandemic: Swallow rapid price increases and forgo typical steps like house inspections, or risk getting left out of the real estate market.
Host:
Ernest Hancock
John Sneisen (The Economic Truth) comes on the show to discuss the economy, coming collapse, the Federal Reserve and their coming digital currency (aka surveillance tool),, etc...
A Washington Post columnist suggested Monday that the magic solution to rampant inflation and supply chain impediments would be to allow more illegal immigrants into the country.
Having warned the world to expect "extraordinarily elevated" levels of inflation due to "Putin's Price Hike", The White House is likely in shock this morning as headline CPI rose 1.2% in March (vs +1.2% MoM) which sent the headline CPI up a shocking
Core CPI came in slightly softer than expected at a still elevated 0.3% (0.32 unrounded) mom. As noted earlier, the miss owed to a 3.8% plunge in used auto prices, which sliced 20bps from the monthly core drop.
The only thing surprising about the freight market slowdown is the speed at which it's unfolding.
Biden's latest attempt to ease Americans' pain at the pump... managed to infuriate climate activists and the oil and gas industry...
...real average hourly earnings fell for the 12th straight month...
The U.S. government--and that includes the current administration--is spending money it doesn't have on programs it can't afford, and "we the taxpayers" are the ones who must foot the bill for the government's fiscal insanity.
International Man: Whether we like it or not, the reality is, the Federal Reserve has an enormous influence over the dollar and the stock market.
10- and 30-year Treasury yields advance to 3-year highs as investors assess Fed's balance-sheet strategy
A deregulated derivatives market looms over the globalization era, making the next crisis inevitable.
Prices keep rising faster than wages. The stimulus checks are long gone. Savings are being depleted. How is the average American supposed to make ends meet? The only option is to charge it.
Whether we admit it or not, collapse is the default "solution." That destiny has already written by demographics.
Earlier this week, Federal Reserve governor and vice-chair nominee Lael Brainard indicated the central bank will shrink its balance sheet at a "considerably" more rapid pace than it did during the previous cycle.
As the American debt reaches record levels on a daily basis, currently being in the trillions of dollars and literally impossible for America to ever pay off, there is a very juicy nest egg that politicians are going to begin to eye at some point: re
The U.S. Treasury 10-year yield hit a three-year high on Friday above 2.7% and the two-year/10-year spread remained near its widest this week as traders bet on a more hawkish stance from the Federal Reserve.
Well, folks, we're here.
BlackRock Exec Says Inflation Crisis Is About To Get EXTREMELY Bad And To 'Buckle Up'
...people seem to think that tighter monetary policy will bring on a recession, but will solve the inflation problem... they've got it half right...
Put simply, the Fed is completely delusional...
"Irrational exuberance."
The bond market is telling us that the Fed is in very serious trouble.
National average gas prices, highs/lows, highest recorded, state gas prices, compare states, etc...
Age Group 18-34 Wants More Free Money for Themselves. But Who Will Pay for the Free Money?
Rising U.S. inflation, however, could begin to disrupt the status quo
Someone once said that you never actually "buy" a home. Instead, you merely commit to paying an annuity: the mortgage.
