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Tag Archives: price inflation
5 Ways Economy’s Worse Than You Think
5 Ways Economy’s Worse Than You Think https://youtu.be/fpbORCUTMq4
Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever.
Dollar Purchasing Power Plunges. Inflation +6.2%. For Urban Wage Earners +6.9%, Highest in 40 years, Most Monstrously Overstimulated Economy Ever. Fed still printing money and repressing “real” interest rates to negative 6%, new vehicle prices spike by most since 1975, housing CPI jumps, food & energy soar. The broadest Consumer Price Index (CPI-U) spiked 0.9% in October […]
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs”
Biden Starts To Freak Out About Soaring Inflation, Orders Economic Council To “Reduce Energy Costs” When discussing today’s “shock” CPI report we said that it was just a matter of time before there is a wave of political blowback that will make the recent anti-democrat revulsion in Virginia and NJ seem like amateur hour. Specifically, […]
Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release
A customer shops for meat at a Safeway store in San Francisco, Calif., on Oct. 4, 2021. (Justin Sullivan/Getty Images) Relief from High Prices Unlikely, Analysts Say Ahead of Consumer Inflation Data Release With investors closely eyeing two major data releases this week on inflation—one on producer input costs and the other on consumer prices—Wells Fargo […]
Get Ready for Food Rationing
Get Ready for Food Rationing It was a very strange moment when this week the spokesperson for the president defended inflation as a high-class problem. She explained that higher prices are merely a sign that economic activity is picking up. People are buying things and that’s good. Of course that pushes up prices, she said. […]
U.S. Dairy Cows Too Expensive to Feed, Causing Herd to Plummet
U.S. Dairy Cows Too Expensive to Feed, Causing Herd to Plummet The U.S. herd shrank by 85,000 cows between June and September The number of dairy cows in the U.S. is plunging at a pace not seen in more than a decade, signaling elevated costs for products like butter. The cost of feeding dairy cows […]
Russia’s deputy chairman of the Security Council warns of major food crisis
Russia’s deputy chairman of the Security Council warns of major food crisis Read more At: https://www.aninews.in/news/world/asia/russias-deputy-chairman-of-the-security-council-warns-of-major-food-crisis20211101131512/?fbclid=IwAR10LvlQqZOeS3kQwU71Jte_oG08IGPZcENnMDtl24sEKU1i7-q_uk4MDck
The Fed’s Inflation Is behind the Supply Chain Mess
The Fed’s Inflation Is behind the Supply Chain Mess It seems supporters of the Biden administration finally settled on a narrative they like for explaining away supply chain shortages. Here’s the administration’s talking point: the US economy is rolling along so well that Americans are demanding huge amounts of goods. That’s overwhelming the supply chain and […]
Waypoints on the road to currency destruction — and how to avoid it
Waypoints on the road to currency destruction — and how to avoid it The few economists who recognise classical human subjectivity see the dangers of a looming currency collapse. It can easily be avoided by halting currency expansion and cutting government spending so that their budgets balance. No democratic government nor any of its agencies […]
Global Food Prices Set To Soar As The Oil And Gas Crunch Continues
Global Food Prices Set To Soar As The Oil And Gas Crunch Continues Oil and gas prices have risen dramatically this year as a result of underinvestment and recovering demand. Higher fuel prices are weighing on global food supply chains, with transportation and farming costs continuing to climb. The hardest hit will, once again, be […]
The Global Economy Is Rapidly Slowing Down
The Global Economy Is Rapidly Slowing Down Summary Between a domestic real estate bubble bursting, the Evergrande debt crisis, electricity power outages, plus negative service and manufacturing PMIs in September, China’s economic slowdown has been very swift. The practice of defaulting on foreign debt and trying to restructure domestic debt is common in emerging market […]
This is not 1997
This is not 1997 Not that minimum wages are anything new. The USA introduced its Federal Minimum Wage as far back as 1938; although today each state sets its own rate. And the general consensus is that minimum wages help raise wages in general with little or no impact on employment as a whole. The broad […]
“Transitory” Shortages & Inflation Are Actually Your Quality Of Life Being Stolen Right Before Your Eyes
“Transitory” Shortages & Inflation Are Actually Your Quality Of Life Being Stolen Right Before Your Eyes The Washington Post published an op-ed urging Americans dealing with product shortages to lower their expectations. My response? Don’t settle. Failed policies have our country devolving. There’s no doubt our country has all of a sudden slipped into the […]
Shortages & Hyperinflation Lead to Total Misery
SHORTAGES & HYPERINFLATION LEAD TO TOTAL MISERY At the end of major economic cycles, shortages develop in all areas of the economy. And this is what the world is experiencing today on a global basis. There is a general lack of labour, whether it is restaurant staff, truck drivers or medical personnel. There are also […]
