America has officially accumulated 3000% inflation since the Fed’s creation in 1913
h/t InternationalTop2405
A hub for independent voices and hard truths
h/t InternationalTop2405
The Fed can’t print oil, & Brandon has drained the Strategic Petroleum Reserve via theguardian: Oil prices are on track to reach $100 a barrel this month for the first time in 2023 after surging by almost 30% since June, …
If we adjust for inflation, inflation is 0% h/t InternationalTop2405
by betsharks0 If you take out food, rent, energy, and transportation Egypt is doing great!
Record-High Household Debt: The fact that household debt in the U.S. has reached $17.1 trillion is alarming. High levels of household debt can strain individuals and families, making it difficult for them to manage their finances and save for the …
From Peter Reagan at Birch Gold Group Since May 2021, inflation persistently above the Fed’s 2% target has devoured our purchasing power, day by day. Making the cost of living impossible to predict and planning for the future increasingly uncertain. …
by physicgarden I have a feeling something big is coming. The fact that so many people are having trouble affording food and gas right now is just absurd. Most people in the US are expected to run out of cash …
By Graham Summers, MBA As I noted a few weeks ago, inflation likely bottomed in July. By quick way of review, the official inflation metric, the Consumer Price Index or CPI, is measured on a year over year basis. So, …
by Dismal-Jellyfish https://www.bls.gov/news.release/pdf/ppi.pdf https://data.bls.gov/timeseries/WPSFD4&output_view=pct_1mth The Acceleration of Inflation in the Second Half Has Begun, “Disinflation” Honeymoon Terminated The Consumer Price Index (CPI) jumped by 0.63% in August from July, the biggest month-to-month increase since June 2022. Annualized, this amounts to a …
https://t.co/wi6YjOz1ig — Win Smart, CFA (@WinfieldSmart) September 14, 2023 Economists like Krugman argue that peoples concerns on inflation are "stunningly at odds with the data". The following chart shows changes in the price level for the first 31 months of …
by confoundedinterest17 Jerome Powell is the God of Hellfire and he brought us …. FIRE! By rapildy raising The Fed’s target rate rapidly. And then sending mixed signals as inflation begins heating up … again. WTI crude just hit $90. Rising …
by confoundedinterest17 Here are some bits and pieces about the US economy and interest rates. The Federal Reserve, the most powerful Socialist machine on the planet, is considering rate their target rate after some bad economic news. First, real median …
Guest Post by George Ford Smith via mises.org No one today talks about the death penalty for debasing gold or silver coins as established by section 19 of the Coinage Act of 1792, nor do they usually bring up Article 1, …
https://twitter.com/usapoliticsguy1/status/1701673756085870986
Inflation has eaten over 20% of income since 2019, according to the Bureau of Labor Statistics. pic.twitter.com/emLPXyGe7R — Yordie Sands 🌺 (@YordieSands) September 12, 2023 Median household income fell in 2022, adjusted for inflation, Census Bureau says “Median household income fell …
Despite credit rejections rising, debt levels are skyrocketing. Total US household debt just hit a record $17.1 trillion and is expected to rise again this quarter. People are using debt to "fight" inflation. Follow us @KobeissiLetter for real time analysis …
by computery_stuff OK, if anyone is bored as fuck this weekend and wants to read a 100-page essay, rejoice! I’ve documented everything I’ve ever thought about Vayne players being total fucking assholes, in a large and thoroughly referenced Word document. …
What you were able to get at the grocery store in 2003 versus today is SHOCKING. This is the inflation that Biden says he’s ‘fixed.’ pic.twitter.com/XcEGD07NZn — Glenn Beck (@glennbeck) September 8, 2023
by confoundedinterest17 Thanks to Bidenomics, code for massive Federal spending on green energy initiatives and payoffs fo large donors, we have agonizing inflation and consumers are borrowing more and more to cope with inflation. And with the increased use of …
via Mike Shedlock: Surprise, surprise. Subsidies were not enough to make Biden’s energy projects profitable. The Coming Green Energy Bailout Taxpayers will soon be on the hook for The Coming Green Energy Bailout The Inflation Reduction Act (IRA) includes hundreds of …
Pain at the pump as gas prices hit the HIGHEST seasonal level in a decade: Average price stands at $3.811 a gallon The national average for a gallon of gasoline stands at $3.811, AAA data shows The move is significant …
via Mike Shedlock Surprise, surprise. Subsidies were not enough to make Biden’s energy projects profitable. The Coming Green Energy Bailout Taxpayers will soon be on the hook for The Coming Green Energy Bailout The Inflation Reduction Act (IRA) includes hundreds of …
Like houses, many people are locked-in to low auto loan rates. However, homes last much longer than cars do. As people sell cars bought over the last ~4 years, they are entering a much higher rate environment. Follow us @KobeissiLetter …
Buying a house today costs ~$33,000/yr, 46% of the pre-tax median household income. Post-tax, homebuyers in the US are spending ~70% of their income on home payments. Monthly payments are rising everywhere. Follow us @KobeissiLetter for real time analysis as …
Watch the latest video at foxnews.com A mother of four fired back at Rep. Alexandria Ocasio-Cortez, D-N.Y., after the lawmaker shared a video that said inflation was “propaganda.” “I’m just wondering how she thinks it’s propaganda,” Amber Bergeron said Friday on “Fox & …
Authored by Charles Hugh-Smith via oftwominds, In stock market news, toilet paper manufacturers continued rallying while tech and luxury-brand stocks continued their slide to decade lows. September 1, 2025: The Federal Reserve announced that the nation’s inflation rate has finally …
by Bennyandthejetz1 So I recently received a statement from our mortgage company outlining this years increased costs. An increase of nearly $200.00 a month. Now I’m sure to many $200.00 isn’t a lot but let’s follow this logically. Me a …
Even raising rates is inflationary when the government won’t cut spending. I’m wondering if they didn’t overshoot their inflation goals (probably closer to 10% right now according to shadow stats). The next step is a sovereign debt crisis. THIS was …