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David Stockman on the Continual Rise in the Cost of Living… And Why the Fed has No Shame

David Stockman on the Continual Rise in the Cost of Living… And Why the Fed has No Shame  Subscribe to International Man Jay Powell did it again assuring the 1% that he has their back. Markets recovered their poise over the last 24 hours, as investors were relieved after Fed Chair Powell stuck to his recent […]

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“Catastrophic Outcomes”: Davos Elite Worried About Global Volatility, Cost-Of-Living Crisis

“Catastrophic Outcomes”: Davos Elite Worried About Global Volatility, Cost-Of-Living Crisis What happens when plebs can’t afford bread, and the circuses aren’t that entertaining? Nothing good. Which is why the cost-of-living crisis is the #1 problem, according to the World Economic Forum’s Global Risks Report – an annual poll of 1,200 government, business and civil society […]

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Households Worldwide Wrecked By Soaring Gas Prices 

Households Worldwide Wrecked By Soaring Gas Prices  Soaring commodity prices have been financially devastating for households, devoting larger and larger shares of disposable income to pay for energy. For instance, at nine California filling stations, the price of regular gas is higher than the federal minimum wage. Patrick De Haan of GasBuddy said several gas stations in Los […]

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The U.K. is two months away from a brutal cost-of-living crisis

The U.K. is two months away from a brutal cost-of-living crisis Soaring inflation is causing headaches around the world, but in Britain the squeeze is coming from all sides Commuters walk over London Bridge during the morning rush hour in central London. Britain’s acute cost-of-living crunch will hit in April. PHOTO BY DANIEL LEAL/AFP VIA GETTY IMAGES […]

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Monetary Inflation’s Game of Hide-and-Seek

MONETARY INFLATION’S GAME OF HIDE-AND-SEEK The May 12, 2021, press release from the Bureau of Labor Statistics reporting on the Consumer Price Index (CPI) for the month of April sent the stock markets tumbling for two days and generated fodder for the news pundits with the announcement that the CPI measure of the cost-of-living had increased […]

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What Will You Do When Inflation Forces U.S. Households To Spend 40 Percent Of Their Incomes On Food?

What Will You Do When Inflation Forces U.S. Households To Spend 40 Percent Of Their Incomes On Food? Did you know that the price of corn has risen 142 percent in the last 12 months?  Of course corn is used in hundreds of different products we buy at the grocery store, and so everyone is […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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