The truth will out.
by Ryan McMaken via Mises.org No, It’s Not “Putin’s Fault.” According to new data released by the Bureau of Labor Statistics, price inflation in February rose to the highest level recorded in more than forty years. According to the Consumer Price Index for February, year-over-year price inflation rose to 7.9 percent. It hasn’t been that high […]
by Paul Craig Roberts via Institute for Political Economy Americans live from threat to threat. Now that the “covid threat” and the “Russian threat” have played out, we have the “inflation threat,” but is it any more real? It is true that the Central Bank has poured out unprecedented amounts of money for more than […]
by Egon von Greyerz via Gold Switzerland In an investment world of instant gratification and Fed Intervention, when short term trading and speculation is the norm, real values are forgotten. Confucius understood the value of long term thinking and thus real values: If you think in terms of a year, plant a seed, if in […]
The Bureau of Labor Statistics (BLS) just released its most recent Consumer Price Index (CPI) figures. Not good. The U.S. inflation rate has officially reached 7.5 percent for January 2022! According to Yahoo Finance, consensus estimates according to Bloomberg data was 7.3 percent. Big miss for the consensus. From the BLS, Increases in the indexes […]
by Fast Rope Well, it’s official. The United States national debt has finally surpassed $30 trillion! Notably, since 1993, the US Treasury’s national debt chart appears to only move in one direction—up. Clearly, this would not have been possible without the steadfast support of the United States’ de facto central bank – The Federal Reserve. […]
by Liam Cosgrove via Mises.org On Wednesday, the Federal Open Market Committee (FOMC) held true to its monetary-tightening timeline despite last week’s 10 percent drawdown in most major indices, effectively saying, “10 percent is not enough.” With retail sales numbers that will surely return to trend without more stimulus (see chart), a gridlocked Senate, and the prospect […]
by Daniel Lacalle via Mises.org The history of economic development cannot be understood without the importance of recession periods. Recessions are often the result of the excess accumulated in previous years. Creative destruction after a period of excess used to drive a stronger recovery and continued economic development. That was until risky assets became the […]
by Ryan McMaken via Mises.org The Fed’s Federal Open Market Committee (FOMC) released a new statement today purporting to outline the FOMC’s plans for the next several months. According to the committee’s press release: With inflation well above 2 percent and a strong labor market, the Committee expects it will soon be appropriate to raise […]
by Tho Bishop via Mises Institute Price inflation is the highest its been since 1982. Real wages are plummeting. Joe Biden’s approval ratings are now on par with George W. Bush’s after both the Iraq War, the financial crisis, and eight years of Jon Stewart. This is with the benefit of Kim family–level devotion from the […]
by Matthew Piepenburg via Gold Switzerland Below, we look at the converging market forces, policies and math which portend a re-thinking of American Exceptionalism for 2022. The Fed’s REAL Mandate As expected, the Fed is an essential starting theme in any conversation of this nature. Officially, the Fed has two primary mandates: 1) containing inflation […]
by Alex J. Pollock via Mises Institute Runaway house price inflation continues to characterize the U.S. market. House prices across the country rose 15.8% on average in October 2021 from the year before. U.S. house prices are far over their 2006 Bubble peak, and remain over the Bubble peak even after adjustment for consumer price […]
by Ron Paul via Ron Paul Institute Bloomberg News recently solicited advice from Argentinians who lived through that country’s high inflation on how Americans should cope with rising inflation. The Argentinians suggested Americans spend their paychecks as fast as possible to avoid future price increases. They also suggested taking out loans that can be paid […]
by Ryan McMaken via Mises Institute According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest level recorded in nearly forty years. According to the Consumer Price Index (CPI) for November, year-over-year price inflation rose to 6.8 percent. It hasn’t been that high since June […]
Catherine Austin Fitts | 2nd Full Interview | Planet Lockdown by Dr. Joseph Mercola Story at-a-glance In 1998, trillions of dollars started to get sucked out of the U.S. government by the central banks. Our retirement funds have been looted and will within just a few years be nonexistent Historically, U.S. intelligence agencies have primarily […]
by William L. Anderson via Mises Institute Almost anyone who follows social media is familiar with the latest tweets by Senator Elizabeth Warren, who has pronounced her verdict on higher food and gasoline prices: they are nothing less than the result of corporate greed. In fact, according to Warren, there is no inflation, only corporations arbitrarily […]
Katharina Buchholz at Statista notes, Economic recovery following the lockdown era of the coronavirus pandemic has caused the price of goods and services to rise since the start of 2021 in many developed nations. Consumers catching up on spending coupled with persistent stock problems have created a climate of scarcity as pandemic effects continue to […]
by Ron Paul via Ron Paul Institute What do the Federal Reserve and neoconservatives have in common? They both refuse to admit that their policies — the neocons’ promotion of perpetual war and the Fed’s manipulation of the money supply — are complete failures, having produced the opposite of the promised results. The latest example […]
written by Mark Thornton Mises.org The Federal Reserve has been increasing the money supply at an explosive rate. The federal budget, deficits, and the trade deficit are record levels. Governments, both foreign and domestic, have locked down people, restricting production and consumption. How should this be viewed by an economist? There is clearly chaos in […]
by Ron Paul via Ron Paul Institute september 27, 2021 Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy, Federal Reserve Chairman Jerome Powell ordered a review of the Fed’s ethics rules. While these trades appear problematic, they pale in comparison to […]
September 26, 2021 How can the politicians get away with debt ceiling charade year after year? Remy Munasifi and Reason show us how it’s done. “They got POMO FOMO!” The on-going debt ceiling drama is an annual tradition that allows both sides of the political aisle to appear principled and stately in the eyes of […]