Americans Are Spending More, but Their Savings Are Quietly Disappearing
• Schiff GoldMay's economic data tells a story that sounds good on the surface but gets more complicated the closer you look.
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May's economic data tells a story that sounds good on the surface but gets more complicated the closer you look.
The "hidden" cost of ill-advised wars is borne by the American taxpayer, who funds the war not through direct taxation but indirectly through dollar degradation through inflation.
Inflation has quietly drained a third of your dollar's value in six years -- and the real thief isn't who you've been told. Here's the scam taking your savings, and how to end up on the right side of it.
...Are Still Living With Their Parents
Kevin Warsh's debut Fed meeting brought no rate change but plenty of institutional change. The new chairman appears eager to rethink how the Fed operates.
Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned at the beginning of April that the economy was already rolling over.
This week, President Trump said "I love inflation." Combine that with last month's statement of "I don't think about Americans' financial situation," and it's not a pretty picture for the American people.
The latest PCE inflation report confirmed exactly what I have warned. Inflation was never "transitory," and the Federal Reserve has completely lost control of the narrative.
The sport built by the working class has become a luxury product through the slow, compounding arithmetic of central bank inflation.
We will find out soon, and I think most people will be blindsided.
Thailand's white rice prices surged +20% in May, the biggest monthly increase in data going back to 2008.
If there is one job that no Austrian Economist will take up at this juncture, it would be that of the Federal Reserve Chair.
Wars have historically been one of the biggest drivers of major jumps in US government debt.
In early 2022, I predicted in the New York Post that inflation would politically bankrupt President Joe Biden. Will the affordability issue similarly bankrupt President Donald Trump?
Trump is boxed in on agriculture and the War in Iran.
On Monday morning, the front page of the Drudge Report featured a very alarming two word headline in all capital letters: "INFLATION ACCELERATES".
That sounds like inflation, until you price it in gold.
Ron Paul explains why he believes America is heading toward a systemic breaking point, where debt, inflation, corruption, and endless money printing have created conditions that can no longer sustain themselves, and why the next crisis may not be pol
Urgent warnings about credit markets from Hank Paulson and Jamie Dimon deserve your attention. And the looming set of nested supply and inflationary shocks are being met with more money printing by the Fed.
The episode also tackles hot-button topics such as the gender gap in voting and its link to government spending, the evolving world order as the EU and China spar over trade, and how innovation and inflation are quietly shaping the middle class. Expe
...the average home today would be $138,000
In 1948, Claude Shannon published "A Mathematical Theory of Communication" in the Bell System Technical Journal, a paper that established information theory as a formal discipline.
Global Inflation Scare: Chinese Exporters Hike Prices As Iran War Triggers Ethane Shortage, Plastics Crunch
In a free market, the interest rate does one essential job: it tells the truth about time. When households save more, they express a preference for consuming later rather than now.
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures index, rose 0.4% in February alone and is now running at 2.8% annually, while core inflation, which strips out food and energy, is still sitting at 3.0%.
Your dollar has lost 96-97 percent of its purchasing power since 1913. This is not bad luck or mysterious market forces. It is the result of deliberate policy choices that steadily, quietly drained your wealth--and convinced you it was being done fo
It was pretty obvious even before February 28th that the US economy was grinding to a halt, even as inflation was already working up a head of steam. But then came war.
International Man: Whether it's at the grocery store, the mall, restaurants, or airports--anywhere you turn--people are finding inferior goods and services at higher prices.
Breaking News...Price increase of 8% coming in a few days. Inflation is just getting started.