ON AIR NOW
Click to Play
Several years ago I predicted that the US would ultimately be confronted with the debilitating economic conundrum of stagflation, something which the nation had not seen since the 1970s.
Marcelo Capobianco is a butcher in Buenos Aires, where he works in a white-tiled room surrounded by dangling hooks, slabs of beef, and a sign that reads "Long live freedom!"
The Washington Post's Taylor Lorenz (and some other guy) have penned an 'explainer' on why a TikTok video of a $16 McDonald's hamburger is misleading, inflation isn't that bad...
Milei explains
Recently, Canadian Prime Minister Justin Trudeau threatened to tax grocery stores if they don't lower their prices, accusing them of causing inflation and profiting from higher prices.
After the CPI data came out last week, gold rallied. On his podcast, Peter Schiff talked about the rally and the trajectory of gold.
The average 30-year mortgage rate skyrocketed to 8% on Wednesday, as indicated by a survey conducted by Mortgage News Daily. This surge was driven by the 30-year Treasury bond yield, which climbed above 5%, reaching its highest point in 17 years.
Great news! The inflation war is over and we won! At least that's how Paul Krugman sees it.
It's official: Price hikes are about to hit thousands of Costco warehouses across the country, according to CFO Richard Galanti.
Historically speaking, inflation/stagflation has always been a disastrous affair. One is hard pressed to find any legitimate examples of a country that experienced an aggressive inflationary event that came out better for it.
Watch: Before-and-After Photos Show Skyrocketing Food Prices at Costco, Proving Inflation WAY WORSE Than Reported By Gov.
VOLUME ON! - This guy walking around Costco shares examples of food inflation that are WAY higher than the numbers reported for food inflation by the government. Overall, many people know intuitively that food inflation is way higher than the offic
...as US inflation keeps beef, pork out of reach
International Man: Wall Street Silver, a financial analyst on Twitter, highlights that during the Great Depression, the average home cost 3x the average income. Today, it costs 8x as much.
Andy Schectman warns of "TIDAL WAVE OF INFLATION" that will devastate the US economy and impoverish the masses
INFLATION IS KILLING MILLENNIALS! - THE GREAT RESET IS HERE! - WHAT YOU NEED TO KNOW
Left or right, the dumb out of DC just keeps getting dumber...
"...inflation is going to be a much bigger problem in 2024 than it was in 2023..."
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy.
The letter notes the challenging backdrop of strong and persistent inflation and slowing growth, and warns that rising interest rates could impair the capacity of borrowers to service the historically high stock of global debt.
In the middle of August, large groups invaded and looted supermarkets and stores in the suburbs of the capital Buenos Aires and the provinces of Mendoza, Córdoba, Neuquén, and Río Negro.
You may have noticed I've really been laying low lately.
Facing more than 100% inflation and an unbearable economic environment, large groups of Argentinians have been looting stores for food. Here's why this matters to us.
I have often commented that inflation is especially nefarious, because it operates in the dark machinery of the night, as nobody notices or has the time to understand it.
When their government abruptly ended its harsh Covid measures in December, many Chinese expected a robust rebound from pent-up demand.
Most people now seem to think the Federal Reserve can beat price inflation and guide the economy to a soft landing. In his podcast, Peter Schiff explains why most people are wrong. The Fed is actually in a no-win situation. And if the Fed can't win
Want fewer goods and services and higher taxes to pay for them? If so, Biden is your man.
US inflation has had a snowballing effect on family budgets.
