A hub for independent voices and hard truths
For those arguing the GDP data "isn't that bad" due to the gov't shutdown, the ACTUAL data DISAGREES. The GDP Deflator came in at 3.6% – meaning most of the 1.4% GDP was inflation, NOT real growth. Forget the shutdown …
by confoundedinterest17 Good news! Consumer prices rose only 3% YoY. Lower than the growth in M2 Money of 4.66% YoY and Federal government spending of 7.8% YoY. While consumer prices rose only 3% YoY, housing (shelter) rose 3.65 YoY. The …
by confoundedinterest17 According to the Bureau of Labor Statistics (BLS), headline inflation rose 0.4% MoM and 2.9% YoY in August. Shelter (housing) is up 3.6% YoY. Gimme (expensive) shelter! Of course, Federal government spending is the source of inflation. Notice the lag …
Asia’s deflation wave is no longer a theory. It’s a measurable shift. In June 2025, China’s producer price index dropped 3.6% year over year. That marks the sharpest contraction since July 2023 and extends the deflation streak to 33 consecutive …
https://www.cnbc.com/2009/09/14/the-financial-crisis-this-dayone-year-ago-sept-15-2008.html HOLY FUCK. This is worse than the nuclear option:https://t.co/bYpi0vI8Zl The good news is that I think the Fed will be cutting rates by next week when markets go into Trump Lehman mode this week. EM currency crisis on deck. …
by confoundedinterest17 US factory orders are back in red. Factory orders tumbled even more than expected, down 3.6% MoM – the biggest drop since the COVID lockdowns (April 2020). September was also revised lower (making October’s decline even worse) from +2.8% MoM to …
Grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices, per CNN. Food altogether, including menu prices, went up 4.9%. — unusual_whales (@unusual_whales) August 15, 2023 Food and Gas Prices Continue to Rise, Putting …