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Corporate Greed the ‘Real Culprit Behind Rising Prices,’ Researchers Say
Corporate Greed the ‘Real Culprit Behind Rising Prices,’ Researchers Say “The more sway mega-corporations have over our economy, the more power they have to gouge customers, squeeze Main Street, and exploit workers.” Amid mounting data showing that people are paying more for food at grocery stores around the United States, a new analysis out Wednesday reveals how corporate […]
Path to a Greener Future: Tax Kids or Just Ban Them Outright
Path to a Greener Future: Tax Kids or Just Ban Them Outright The Greens need to step up to the plate with some truly sustainable proposals. I have a couple of ideas. Ironies of Build Back Better President Biden wants free college education, free preschool for kids, and increased child tax credits. All of these […]
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says
Britain faces ‘massacre’ of 20 more bust energy suppliers, Scottish Power says The sun rises behind electricity pylons near Chester, northern England October 24, 2011. REUTERS/Phil Noble/File Photo LONDON, Oct 21 (Reuters) – Britain’s energy market faces an absolute massacre that could force at least 20 suppliers into bankruptcy in the next month alone unless […]
Why Do Central Banks Want Higher Inflation?
Why Do Central Banks Want Higher Inflation? The debt ceiling debate in U.S. Congress and related political nonsense brings even more to light the exponential growth in US federal government debt. US government debt has doubled in the 10 years since the last major debacle Congress created over raising the debt ceiling back 2011. The […]
Inflationary Storm Forces Unilever To Raise Prices Fastest In Seven Years
Inflationary Storm Forces Unilever To Raise Prices Fastest In Seven Years Rising consumer prices are not going away. The latest example of this is from British multinational consumer goods company Unilever PLC who announced Thursday soaring commodity prices had forced it to raise prices the most in years. The multinational consumer goods company that produces […]
Money Velocity and Prices
MONEY VELOCITY AND PRICES The yearly growth rate of US AMS jumped to almost 80% by February 2021 (see chart). Given such massive increase in money supply, it is tempting to suggest that this lays the foundation for an explosive increase in the annual growth of prices of goods and services sometime in the future […]
The Path to a Livable Future Cannot be the Path We’re On
The Path to a Livable Future Cannot be the Path We’re On Stan Cox has pulled off quite a feat with his latest book The Path to a Livable Future: A New Politics to Fight Climate Change, Racism, and the Next Pandemic. In a relaxed, inviting style, Cox sets unorthodox ideas in a persuasive human and environmental […]
Weekly Commentary: Controllable
Weekly Commentary: Controllable Now that was wild. Let’s start with the Chinese developers. Indicative of the more troubled companies, Kaisa Group bond yields surged to almost 51% in Wednesday trading, up from 36% to begin the week (20% to start the month). Yields closed the week at 44.7%. After beginning the week at 23.3% (October […]
“People Are Hoarding” – Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist
“People Are Hoarding” – Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist It’s been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously, the psychology of empty store shelves and President Biden’s inability to […]
Are the US Supply Chain Disruptions Deliberate?
Are the US Supply Chain Disruptions Deliberate? (Image by © Reuters / Alan Devall) Deputy Treasury Secretary Wally Adeyemo may have accidentally leaked the cause of America’s supply chain issues. “The reality is the only way we’re going to get to a place where we work through this transition is if everyone in America and everyone […]
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock
China Export Curbs On Fertilizer Could Worsen Global Food Price Shock China’s move to impose export restrictions on fertilizers will be felt worldwide. Beijing’s increased scrutiny comes as global fertilizer markets have been battered by plant shutdowns and skyrocketing prices that may continue to boost food inflation well into 2022. Chinese Communist Party officials have called for […]
IHS Market Warns Of “Armageddon” For US Propane Market
IHS Market Warns Of “Armageddon” For US Propane Market The expanding energy crisis is causing propane to rocket higher (read: here) as supplies dwindle to below seasonal levels as research firm IHS Markit Ltd. warns of “armageddon” during the Northern Hemisphere winter. IHS analyst Edgar Ang told attendees during a virtual presentation on Tuesday that US […]
Hit by Shortages, Vehicle & Parts Production Plunged to Lowest since Lockdown. Oil & Gas Has New Script
Hit by Shortages, Vehicle & Parts Production Plunged to Lowest since Lockdown. Oil & Gas Has New Script Industrial production over the long term is a sad sight, powered by offshoring. Industrial production – manufacturing output, oil-and-gas extraction, mining, and gas and electric utilities – fell 1.3% in September from August, pushed down by production […]
Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2
Winter Is Coming: Russia Signals No Extra Gas For Europe Without Nord Stream 2 The big picture was clear to anyone who bothered to keep their eyes open: back in August, when we first reported that Russian supplies of nat gas via the Yamal pipeline had collapsed and when the first stirrings of the upcoming […]
