A Way to Measure the Gyp
• https://www.ericpetersautos.com, By ericWe're told "inflation" is just needing more dollars to buy stuff – not that the stuff actually costs more. This is bullshit. I can prove that it is bullshit.
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We're told "inflation" is just needing more dollars to buy stuff – not that the stuff actually costs more. This is bullshit. I can prove that it is bullshit.
Have you been shopping for beef lately? For steak, specifically?
This comes amid growing concerns about further disruptions to grain-export ports and terminals along Ukraine's and Russia's Black Sea coast.
...Prefers "Quieter" Fed...But the market remains confused... or just cherry-picking what it wants to hear...
As inflation ticks upward, Republican lawmakers are pushing for capital gains taxes to be indexed to inflation, which could translate into a significant tax cut for American investors, homeowners, and savers.
The AI infrastructure buildout boom could soon enter another inflationary wave.
Recently one of the most important debates in the history of conservative discourse raged across the internet, with sides deeply divided and solutions rare or nonexistent.
Another Grocery Chain Answers Trump's Call, Cuts Prices on Over 300 Items to Help Americans Still Suffering from Bidenflation
The Fed talked tough and did nothing. The 30-year hit a 20-year high. The Dow fell 1,100 points. Gold was the only thing left standing.
Michael Burry on X @CassandraUnchained
Less than a week after we reported that an options whale placed a $20 million bet on corn futures, a new U.S. crop report revealed the sharpest weekly deterioration in conditions in three years.
Michelle Makori, President and Editor-in-Chief of Miles Franklin Media, speaks with Lawrence Lepard, founder and managing partner of Equity Management Associates, sound money advocate and author of The Big Print: What Happened To America And How Soun
The Greedflation at Grocery Stores Doesn't Even Make Sense
The cost of living has become absolutely suffocating for millions of Americans.
What is inflation? There are different definitions and the term is used differently - ranging from describing monetary inflation to the increase in the cost of goods.
New York Federal Reserve President John Williams now says inflation has likely peaked and that monetary policy is "well positioned" to bring inflation back toward the Fed's 2% objective.
The Federal Reserve's July Monetary Policy Report, delivered to Congress last week, describes an economy running hotter than officials would like even as growth cools at the edges.
In 1914 the Fed ran on 40 people and no computers. Today it takes 23,000. Fire them all and let AI do it... it can't do any worse.
Fed Chair Warsh (voter) will deliver his first semi-annual testimony as Fed Chair to the House. Warsh' text was e released at 08:30EDT (link here) and he is scheduled to begin his testimony at 10:00EDT.
The phrase "fighting inflation with debt" is one of the funniest lines ever.
...Fueling Third Inflation Wave
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.