A hub for independent voices and hard truths
The second inflation wave will come when CBs launch the next round of QE to save the system with record high public deficits and most of the people working employed by the public sector producing nothing, people will completely lose …
Under Justin Trudeau’s lengthy leadership, Canada grapples with an infuriating reality: a shocking 2 million people now rely on food banks in a single month. These startling numbers showcase the escalating economic hardships faced by countless Canadians. Trudeau’s era has …
The New York Times reveals a startling truth: while official inflation rates have fallen this year, the prices of most goods and services have not actually decreased, only the rate of increase has. This deception results from the U.S. government …
The current economic landscape is giving rise to growing concerns, with labor market deterioration, tightened lending standards by banks, and persistent inflation creating a potential stagflationary environment that could impact consumers’ purchasing power and lead to an economic slowdown. This …
Higher deficits & unemployment, more govt borrowing, more money supply, more inflation… And the US wants to wage war in Ukraine & a Messianic one in the middle east? China sees the US Empire over-extended, & will soon heat-up the …
The average US family health insurance premium increased from $5,790 in 1999 to $21,463 in 2022. That’s a 288% increase, or 6.4% per year, which is 2.5x higher than the overall rate of inflation (CPI) during this period. Video Discussion: …
by DAVID HAGGITH I think Fed Chair Jerome Powell is making a mistake about inflation today just like he did at the start of inflation when he repeatedly said it was “transitory.” He is no smarter about inflation now than …
Higher US debt deficits can potentially contribute to inflation if the government resorts to printing more money to cover its deficit, which can increase the money supply and, in turn, lead to rising prices. Prominent figures like former Treasury Secretary …
The only thing Biden & Co. can do is come up with catch-phrases. – Americans SUFFER with #inflation and a coming #recession. – HUGE layoffs around the corner as job loss numbers increase.-Staggering figures reveal 1.2 MILLION US-born workers lost …
KFC Seattle Wa 8pc $32 12pc $46 16pc $60 – 8 piece Tenders $32.00! KFC Seattle Wa8pc 12pc 16pc$32 $46 $60 https://t.co/SEJrww8i97 pic.twitter.com/XDpyxyyleB — Dagnum P.I. (@Dagnum_PI) October 30, 2023 Big Mac Combo meal $17.59, Medium Coke $3.99 Connecticut This …
Housing experts predicted housing supply wouldn’t rise due to low mortgage rates, but people will sell homes to combat inflation. The need for cash as inflation continues to soar will have people fire selling their assets as @Redfin states below …
via naturalnews: For Wolf Richter, publisher of finance and econ site Wolf Street, the long-term treasury market is finally waking up from its delusion that the Fed is going to gradually cool inflation to its target of two percent. It is also …
https://twitter.com/BeRuzzia/status/1718131312219824235?ref_src=twsrc%5Etfw Russia’s Central Bank on Friday raised its key interest rate by two percentage points to 15 percent, a bigger increase than expected as the bank said it was trying to bring down stubbornly high inflation. The central bank, …
by DesmondMilesDant The data released by the US Bureau of Economic Analysis on October 26th showed that real GDP growth in the third quarter was 4.9 percent, 0.5 percentage points below the final GDPNow model nowcast released on October 25th. …
by confoundedinterest17 Biden’s leading “economist” Lael Brainard loves to brag about the strong economy under Bidenomics, and then pulled a brain freeze when asked about crashing savings rates as consumers struggle with inflation. The good news? One of The Fed’s …
This is what happens when inflation isn’t controlled quickly Argentina’s central bank hiked rates by a staggering 1500 bps to 133% this month The shocking part: Inflation STILL remains above rates with the latest figure coming in at 138% pic.twitter.com/FJdyKqiMdK …
Young people now fear inflation more than climate change as rising prices and falling wages make the lifestyle they grew up in unattainable. Many feel like they've been played after growing up in a 4 bedroom house their parents owned …
Retail beef prices in the U.S. are at record highs, pushing up prices of beef-based products from burgers to steaks and steak tartare. That’s largely thanks to a shrinking cattle supply, as well as higher input costs, market watchers told …
by ChampionshipUsed9855 Long-term Treasury rates increased from 3.5% to 5% during last 6 months. It may push long-term inflation above current expectations. US government has debt of 120% GDP and duration of 7+ years, therefore this 1.5 percent increase in …
With each passing crisis, the scale of economic interventions grows, yet the challenge of maintaining real incomes in the face of eroding purchasing power remains. Reflecting on the past 40 years, it becomes clear that inflation’s compounding impact may lead …
New inflation numbers are running hot, at 5% on an annual basis. That means prices are up 17% since Joe Biden was installed, making the average American family $7,300 poorer. And analysts are predicting high inflation for years to come. …
2/ Oil prices increased from $3 to $30 per barrel between 1970 and 1982 During that time, US home prices tripled, going from $22,000 to $66,000 pic.twitter.com/56xqUpxGpA — Bravos Research (@bravosresearch) October 19, 2023 4/ Many economists suggest that inflation …
by David Haggith Photo by Micah Williams on Unsplash Wolf Richter is calling it a “bond bloodbath,” which he says is happening because delusions about the Fed’s fight with inflation are finally giving way. Reality struck home in the latest retail report that showed …
Oil markets are undersupplied with demand levels that are shockingly strong. As OPEC implements production cuts and shipping rates rise, inflation is being fueled. Supply-side inflation remains a major issue. Follow us @KobeissiLetter for real time analysis as this develops. …
Mortgage rates are now officially TRIPLE where they were just 2 years ago. However, the median sales price of a home continues to rise. Affordability is so bad that not even investors can afford to buy. Follow us @KobeissiLetter for …
Despite the Federal Reserve’s efforts, high inflation persists due to the growing deficits and the nation’s $33 trillion national debt, indicating that Congressional action to control spending may be the only effective solution to address this ongoing issue. Yes, and …
Notice she blames the grocery store instead of Trudeau. Classic Canadian Brainwashed Zombie. — John Tuld (@BradHuston) October 17, 2023 We have record inflation, an open border, wars breaking out across the globe, rampant violence, a weakened military, and unaffordable …
View post on imgur.com Approximately 70 million Americans will see a 5.9% increase in their Social Security benefits and Supplemental Security Income (SSI) payments in 2022. Federal benefit rates increase when the cost-of-living rises, as measured by the Department of …
