The Fed is scheduled once again to hike interest rates by 50 bps next Wednesday in an attempt to stem rising inflation. But with inflation a result of commodity prices and not the demand for money, the Fed's efforts will fall short.
That's likel
According to commentators in the mainstream press and various federal officials, inflation is like the coronavirus. It spreads around the world, hitting different countries in different ways.
One of the most detrimental aspects of an inflationary or stagflationary crisis is that, in most cases, housing costs tend to rise while home sales fall.
As restaurants across the country feel the squeeze from rising inflation, a tight labor market, and minimum-wage increases on an industry with notoriously thin margins, owners are passing along the pain in the form of various fees tacked onto the tab
The pursuit of decadence is always met with the painful reality that stopping the excess is much more difficult than starting. This realization, like a killer in the night, lies in wait until just after the point of no return. When the certain dest
Initiated by monetarists, the debate between an outlook for inflation versus recession intensifies. We appear to be moving on from the stagflation story into outright fears of the consequences of monetary tightening and of interest rate overkill.
• https://www.youtube.com by Ron Paul Liberty Report
Every form of authoritarianism has been tried (many times over) in an attempt to turn free human beings into obedient robots. The failure rate is 100%. "Woke" Capitalism, with "ESG scores" for corporations, and "social credit scores" for individuals,
Over the past year, CPI has risen 8%, import prices 12%, and gasoline 53%, and as popular outrage has exploded, it is not surprising that governments around the world and certainly the United States, are enacting policies to "mitigate" inflation and
According to a growing number of reports, the soaring costs of food, gas, and housing are causing a spike in the number of family pets being abandoned or surrendered to shelters.
Since mid-May, real-time indicators warned the labor market had hit a brick wall. Piper Sandler predicted last week that up to a million layoffs or more were ahead as the US economy is on the verge of recession.
White House Calls a Lid Before Noon as Biden Takes Another Delaware Beach Vacation While Baby Formula Shortage Gets Worse! (Ten States and 14 Major Metro Areas Short 90% or more)
We have faced a lot of significant challenges in modern American history, but nobody will ever forget the economic horror that is breaking loose during Joe Biden's time in the White House.
John Sneisen (The Economic Truth) comes on the show to discuss the economy, coming collapse, the Federal Reserve and their coming digital currency, Linkedin censorship and their 'Trust & Safety Team' czars w guest Bob Anderson
I've joked on my last couple of podcasts that when it comes to economic problems, the government usually has to exhaust every single one of the wrong solutions before it gets to the right one.
Not too long ago, the elite were trying to put a happy face on our growing economic problems. It was obvious that things were trending in a very alarming direction, but they kept assuring us that any bumps in the road were just temporary and that a
All of a sudden, just about everyone is upset about inflation. It would have been nice if everyone would have been this upset back when our leaders were making the exceedingly foolish decisions that resulted in this crisis.
JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same.
As the narrative goes, inflation readings have hit their highs for the year. The Federal Reserve will hike rates until monetary policy "normalizes," then declare victory over the very problem its policies unleashed.
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