A hub for independent voices and hard truths
Canadian mom has gone viral sharing her savings from grocery shopping in US Brandi Dustin crosses from BC into Montana for her weekly grocery trip Canadian government is under pressure to combat soaring food prices A Canadian mom is going …
by confoundedinterest17 Paul Krugman, Nobel Laureate in economics and media celebrity, made a terrible claim yesterday when he pronounced that “The war on inflation is over. We won, at very little cost.” Krugman’s proclamation was trumpeted by The View’s Joy …
Chipotle Mexican Grill plans to raise menu prices for the fourth time in two years. Millennials and Gen-Zers will have a shitfit when they discover additional price hikes. “For the first time in over a year, we will be taking …
Economists are forecasting that the price of eggs will reach infinity before Thanksgiving Ideally in capitalism corporations compete with each other to provide better products and services at lower costs. Sadly every industry is an oligopoly in the US now, …
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡 https://t.co/ZHvfCXdEB9 — Catturd ™ (@catturd2) October 12, 2023 He's right! Paul Krugman is right, and it pains me to say that because he's usually wrong. I re-ran his numbers making a few more exclusions and it turns out inflation …
Real America with Dan Ball, Released on 10/12/23 (Recorded on 10/5/23) *Recorded 10/5/23 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of …
For a long time the narrative has been goods inflation is now under control, mission accomplished and services is the only dragon left to slay. Now we are starting to see rising consumer spending on goods again, leading to hotter …
The Fed's interest rate policy may prove to be fairly powerless versus the ongoing deficit spending and a resulting skyrocketing debt load, all of which is inflationary. CBO:Federal Debt Held by the PublicPercentage of GDP pic.twitter.com/gfE3NfCE6g — David Sommers (@dgsommersmkts) …
America’s economy could be thrown into turmoil by the war between Israel and Hamas, analysts have said – warning that the dollar could be impacted and oil prices swiftly affected. The conflict may lead to higher inflation in the United …
This article was written by Brandon Smith and originally published at Birch Gold Group Historically speaking, inflation/stagflation has always been a disastrous affair. One is hard pressed to find any legitimate examples of a country that experienced an aggressive inflationary …
“Fantastic graphic showing that a record 447,000 Americans are now working 2 full-time jobs. Meanwhile, part-time employment has jumped by nearly 1.2 MILLION since June. The number of Americans working 2 full-time jobs is now ~33% higher than it was …
by Euro347 Wednesday, October 11, 2023 – Producer Price Index numbers are due Thursday, October 12, 2023 – Consumer Price Index Numbers are due. Just some data points to look at as we are going into this week. Wholesale …
Bowman calls out she is in the rates higher for longer camp while leaving room to continue raising rates. She calls out the PCE index rising but fails to mention that it was being undercounted previously and is actually HIGHER going …
We had a good rally on Friday, but in the intermediate term, we’ll probably see downward pressure on the stockmarket. Additionally, a jump in WTI oil to $86.29 due to the attack on Israel will definitely not help in the …
Got an email from our gym Membership dues are increasing 32% THIRTY-TWO PERCENT CPI is 3.7% We are consistently being fed economic data that does NOT match our reality Real inflation? What stores, restaurants, landlords and service people charge us …
via Mike Shedlock: The Fed erroneously does not consider rising home prices as inflation. Here’s the result in pictures. Case-Shiller national and 10-city home prices vs CPI, Rent, and Owners’ Equivalent Rent Chart Note Case-Shiller measures repeat sales of the …
Americans Are Still Spending Like There’s No Tomorrow: Concerts, trips and designer handbags are taking priority over saving for a home or rainy day. Ibby Hussain, who works in marketing for a financial communications firm, says the Brooklyn, N.Y., apartment …
This chart shows the Ten Year Yield where 40 = 4.0%. Currently at 4.65%. View post on imgur.com Bloomberg today: "Rates aren't rising because of inflation, they're rising because of the bond market" Looks like they finally woke up to …
The probability of another rate hike is deflating, especially for a November hike (green). Is this why yields are shooting higher? If the Fed is no longer going to be vigilant about fighting inflation, then US Treasuries are a sell. …
Guest Post by Charles Hugh Smith from his blog, Oftwominds.com: Value varies. Invest in what’s valuable. It’s a well-recognized human bias to feel losses more acutely than gains. Perhaps something similar occurs with inflation. As essentials soar in cost–i.e. non-discretionary expenses …
TLT is cracking lows not seen since 2011. BREAKING: Bond tracking ETF, $TLT, falls below $90 for the first time since April 2011. The 10-year note yield is now trading above 4.50% for the first time since 2007. The 2-year …
This week, the Fed made it clear that they want core inflation down to 2% and that is not changing. Meanwhile, supply-side inflation remains a major issue for the Fed. Higher rates have become the new normal. Follow us @KobeissiLetter …
The 2023 Permanent Fund dividend will be $1,312, the Alaska Department of Revenue said Thursday. The annual payments to Alaskans will be disbursed beginning Oct. 5 and continue in the following weeks, the department said. The Permanent Fund dividend amount …
via reason: As election season approaches, Democrats are touting the economic results of Biden administration policies aimed at improving the lives of working Americans and creating a more equitable economy. But ordinary Americans aren’t feeling the so-called success of “Bidenomics.” …
by gunsoverbutter Have you heard of the concept of exporting your inflation? Basically if a country prints up new money, but quickly loans it out to another country, therefore preventing it from being in their own monetary system, the inflation …
via NYP: Thousands of migrants who flocked to the Big Apple from the US border are making ends meet by working in the illegal underground gig economy — while enjoying the benefits of being shacked up at taxpayer-funded hotels and …
by SilbergleitJunior Hedge Funds Versus Asset Managers… If Hedge Funds Are Right We Are Screwed S&P 500 has entered its weakest 10-day period of the year – BofA By Investing.com
Canadian Inflation Climbs to 4.0% in August, Driven by Soaring Gasoline Prices – Bank of Canada Pauses Rate Hikes Amid Economic Contraction In August, Canada experienced a notable inflation rate surge, reaching 4.0%, primarily attributed to the steep rise in …
