A hub for independent voices and hard truths
Another source: https://t.co/9mXVEvO2x3 — Unicus (@UnicusResearch) September 18, 2024 The looming strike by the International Longshoremen’s Association (ILA), set to begin October 1, poses a serious threat to ports along the East and Gulf coasts. Experts warn that this disruption could lead to significant supply chain shortages, exacerbating inflation as …
Gold is telling you the Federal Reserve is full of shit. Not a single person on earth thinks inflation is 3% pic.twitter.com/E8XedI6Nj1 — Darth Powell (@VladTheInflator) September 24, 2024 Today, silver prices reached their highest level in over a decade. Widespread skepticism surrounding the metal remains, which, in my opinion, represents …
by confoundedinterest17 The US has fallen into a Ring of Fire under Biden/Harris horrid economic policiies. But Biden/Harris had help from their deep state partner, The Federal Reserve. The purchasung power of the US dollar has fallen by a whopping -20% under Biden/Harris. No wonder Harris is afraid to talk to reporters about …
https://twitter.com/NeilMispelaar/status/1838357686825443390
BY DAVID HAGGITH That lip is going to be getting a little raw. The rise in inflation that I’ve said we could see by end of summer, continues to look increasingly likely to emerge soon and not like it is going to cut Chairman Powell’s rate cut a break. Today’s …
This is fine. pic.twitter.com/OFuOkpv00J — Nacho Business (@NachoQuixotic) September 23, 2024 BREAKING: The US home price to median household income ratio is now at 7.2x, a new all-time high. In other words, the average single-family home in the US now costs more than 7 times the median annual household income. …
Data source: Bolt and van Zanden – Maddison Project Database 2023 Note: This data is expressed in international-$ at 2011 prices. OurWorldInData.org/economic-growth | CC BY h/t ProfessorOfFinance
The Shelter Consumer Price Index (CPI) has indeed increased by 5.2%, marking the 29th consecutive month of housing inflation above 5%. This is the longest period of elevated housing inflation since the early 1980s. Rising shelter costs continue to be a significant factor in overall inflation, impacting affordability for many …
Each dollar in your paycheck has lost 17% of its value under Bidenomics, the appetizer for Kamunism. Check out @Heritage new personal inflation calculator to see exactly how much inflation is costing your family budget now! https://t.co/6BGc9O3vOq — Richard A. Stern (@RichAStern) September 11, 2024 Look what’s been quietly creeping …
from Kerry Lutz’s Financial Survival Network Kerry and Robert Bork Jr. discussed a range of economic issues, including the proposed economic plan by presidential candidate Kamala Harris, government policies on regulation and control, the challenges and implications of electric cars, and rationalizing economic interests and subsidies. They analyzed the effects of government intervention …
JUST IN: President Biden admits that the 'Inflation Reduction Act' was not actually about inflation after he started ranting without the teleprompter. Holy sh*t. Biden said the Inflation Reduction Act was actually about funding Climate Change efforts and said the Act should… pic.twitter.com/rpykPxKRRN — Collin Rugg (@CollinRugg) September 5, 2024
Look at these two charts and explain to me how it is possible that "inflation expectations" (whatever the f*** those are) are under control? Americans earn fewer dollars than they have in 80 years, and their desire to hold those dollars is near an 80 year low. Jettison the… pic.twitter.com/v0DaECBLzY …
In a recent interview with CNN, Kamala Harris said that Bidenomics is working and that she is “proud of bringing inflation down.” However, the Bureau of Labor Statistics published the latest CPI at 2.9%, despite annual inflation being 1.4% when she took office. Inflation is a disguised tax and accumulated …
by notayesmanseconomics To the casual reader the headline for this piece may be something of a surprise. After all they would reasonably expect that what is usually the largest component of people’s spending to also be a major component of inflation measures. But the reality is that some measures ignore …
https://twitter.com/RaymondRed1971/status/1830533024695423313
by notayesmanseconomics This morning I noted something which raised a wry smile. It covered what are important economic topics as well as an issue I have campaigned on for more than a decade now. The Financial Times has put it like this. Britons with mortgages and renters have been hit …
https://imgur.com/a/extreme-groceries-inflation-ZZgKfML
BY DAVID HAGGITH You may beat the inflation rate back down, but all future inflation happens from the new higher benchmark of prices that never fall back down, and central banks never stop trying to push them up. Photo by Rob on Unsplash “The time has come for cuts,” Powell said at the Jackson …
Stocks are not an inflation hedge. The mainstream will continue to champion stocks during the next round of inflation. Stocks did rise in the first round of inflation from early to late 1960s. And they did again this time. But they are cooked if inflation continues. The… https://t.co/bZCy6wbgdd pic.twitter.com/TV9LKdhWNO — …
Back to the slowing of the economy. The speed in which inflation is collapsing is astounding. I think you’re going to see a dovish Powell on Friday. The market has been telling us this the past 6 trading days. The honeymoon of falling inflation won’t last long though. https://t.co/9R1GXzHMLe — …
If you have 1,000,000 in circulation and you inject an additional 1,000,000 overnight into the system so you now have 2,000,000 without any additional GDP or productivity all you have done is devalue that existing million by 50%. Profit margins are not creating inflation. “record profits” are due to record …
Katz’s Pastrami Sandwich $28.95 IN STOCK Meat Carving Juicy (standard) Lean + $3.00 Extra Lean aka dry + $5.00 Bread Type Deli Rye Club Bread + $1.00 Condiments None Mustard Reuben Dressing Mayo (if you must) Toppings None Swiss Cheese + $1.00 American Cheese + $1.00 Tomato + $0.60 Lettuce …
With stocks relatively flat, attention has turned now to gold where the precious metal has broken out from its range and is hitting new record highs on an almost daily basis ahead of the coming dollar debasement about to be unleash by the Kam-unist regime of Kamala Harris who plans on “fighting” …
Families in North Carolina spending 22% more on household goods than in 2021 Average household spending in North Carolina is $1,017 more per month today to buy the same goods and services as it was in 2021. Average household spending in North Carolina is $1,017 more per month today to …
The first sub-3% inflation report in nearly 4 years is a much-needed bit of good news. Today we take a deep dive into the disinflationary forces at work in the economy. Turns out that the American family is on the brink… From Peter Reagan at Birch Gold Group As reported in …
I will post this until I am banned off this app pic.twitter.com/DvV19nL6hW — mrsunbubbles (@mrsunbubbles) August 18, 2024
The consumer is speaking loud and clear right now with thousands of businesses seeing their sales numbers drop. People are saying no to this high inflation and high prices and are cutting back. They’re spending only on the essentials in many cases. Companies are now even being forced to lower …
Prices need to fall, not inflation https://t.co/HEYK49sXwX — Darth Powell (@VladTheInflator) August 16, 2024
https://twitter.com/Patchymonkey/status/1824039492505780407 CPI – it's all fakeSo we all know that CPI is a complete lie, mainly because it doesn't calculate housing costs properly, but what if we used the supreme wisdom of GPT-4 to recalculate it based on the monthly mortgage payment for a median house? Well, it's ugly… very …
