A hub for independent voices and hard truths
Nobody in DC gives a fuck about your wallet. Consumers face brutal inflation and crumbling dollar value. And a 97% loss since 1913 (founding of the Fed) and an 88% loss since 1971 (closing of the gold window and 100% …
by Michael Did you know that the purchasing power of the U.S. dollar has fallen by more than 97 percent since 1913? Sadly, as you will see below, the decline in the purchasing power of our currency appears to have …
Financial records show that the U.S. dollar is worth significantly less today than it was in 2020. Because of cumulative inflation over the last six years, $1 from 2020 now has the buying power of roughly $1.29. This means consumers …
by confoundedinterest17 Under The Federal Reserve, the purchasing power of the US Dollar has declined -97% since the establishment of The Federal Reserve in 1913. It is the House of the Dying Dollar. Under The Federal Reserve, the purchasing power of …
the housing market in canada is incredibley expensive, I saw a house in a rural area about 10 mins out of town. A house in a 20 acres with five bedrooms, five bathrooms. THE asking price is 1.5 million dollars …
They didn’t hedge. They didn’t even flinch. A new Jackson Hole paper opens with this line: “In our baseline, it is possible to push long-run debt to 250% of GDP without raising interest rates.”source That isn’t reassurance. That’s a loophole. …
by confoundedinterest17 It’s Gov’t Gone Wild! That includes The House, Senate, President and Federal Reserve. The purchasing power of the US Dollar was $1004.4 on 1915-03-01. By 2025-05-01, the purchasing power fell to $31.1, a loss of 97%. Public debt …
*SWISS CENTRAL BANK CUTS KEY INTEREST RATE BY 25BPS TO 0.0%, LOWEST SINCE JUNE 2022$CHF 🇨🇭🇨🇭 pic.twitter.com/Ajfw639gAz — Investing.com (@Investingcom) June 19, 2025 Zero yields are back! For those who believed zero and negative interest rates were something of the …
Gov. Ron DeSantis signed a bill Tuesday that begins the process of making gold and silver legal tender in Florida. This goes into effect on July 1, 2026. The governor argues metals are a protection against a falling dollar. APOPKA, …
TRUMP PRAISES BLACKROCK FOR PURCHASING TWO PORTS AT THE PANAMA CANAL… DO YOU SEE WHAT IS HAPPENING? pic.twitter.com/3kHYRnKvEY — Truth Seeker (@_TruthZone_) March 5, 2025 Panama Canal ports sold to BlackRock in victory for Trump https://t.co/nyOIux6BdI — Financial Times (@FT) …
Investor Purchases Surge to 2-Year High Investors bought 1 of every 6 U.S. homes that sold, purchasing $43 billion worth of properties, and 1 of every 4 low-priced homes that sold. SEATTLE – Investor purchases of U.S. homes rose 3.4% …
2024 current annualized Fed inflation PCE Gauge is at 3.6%. In the previous 3 years, 23: 3.6% 22: 5.5% 21: 5.8% Let’s call it 4% inflation average, that means at the current rate we lose -50% in purchasing power in …
by confoundedinterest17 Under Bidenomics and Fed monetary “policies”, we now have the wreck of the US middle class. To begin with, America’s paychecks are bigger than 40 years ago, but purchasing power of those larger paychecks is about the sames as …
by confoundedinterest17 Call it Washington DC soullessness. Back in 2023, Socialist Paul Krugman declared that “the war on inflation is over!!! “We” won, at very little cost.” I love when elitists claim “We won!” since clearly 99% of Americans lost since food, …
Amid escalating concerns over fiscal deficits worldwide, the surge in gold purchases by central banks during the first quarter signals a broader financial instability, echoing fears beyond the US alone. As governments grapple with post-COVID economic challenges, the unprecedented acquisition …
Amidst plummeting real GDP and soaring inflation, Americans face a grim reality of diminishing purchasing power and rising debt burdens. As savings rates hit record lows and credit card delinquencies soar, the economic strain becomes increasingly palpable, sparking concerns over …
by confoundedinterest17 We are living in the USA where corruption, favoritism, open borders and an out-of-control Federal budget and debt are destroying this once great nation. Former Kansas City Fed President Thomas M. Hoenig was absolutely right when he said recently that The …
by confoundedinterest17 Its Pork Barrell Chuck Schumer and Gaslight Joe Biden! Always ready to lie (gaslight) and spend trillions that we don’t have. A new $1.2 trillion government spending package Congress is trying to ram through faces significant headwinds in the House, …
by confoundedinterest17 The Hollies said it best: Stop, stop, stop. FIAT Money Printing that is. Typically, we look at M2 Money Velocity (GDP/M2) as a measure of how much the economy grows by expanding the money supply. M2 Money Velocity is currently …
by confoundedinterest17 Government power is causing inflation and middle class economic repression. For example, US credit card debt is at an all-time high as consumers attempt to cope with inflation under Biden. While inflation RATE is finally cooling off, the …
by confoundedinterest17 Joe Biden has a new name: the crypt keeper. As in the person through his economic screw-ups is causing a massive inflow to cryptos. Anticipation of an eventual US spot Bitcoin ETF – which Bloomberg’s analysts assign a …
by confoundedinterest17 Republicans elected Mike Johnson from Louisiana as House Speaker, then were surprised when Johnson agreed with big spending Senators McConnell and Schumer on Biden’s mega spendathon. Also, several Republicans voted with Democrats NOT to impeach Cuba Pete (Mayorkas) for allowing …
by Dismal-Jellyfish Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Zooming in: CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor: July 2022 purchasing power of $100 in January 2000: 57.1 (down -3.33% in …
https://twitter.com/senorceecee/status/1685890429009747968 Retirement Confidence Among Americans Has Hit An All-Time Low – ProfessPost According to a recent research released this week, there was a significant decline in the percentage of Americans who believe they will be financially prepared for a comfortable …
by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, & thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …
NEW: I’m proposing an amendment to the US Constitution to help end our nation’s gun violence crisis. The 28th Amendment will enshrine 4 widely supported gun safety freedoms – while leaving the 2nd Amendment intact. Add your name if you …
by Dismal-Jellyfish Source: https://fred.stlouisfed.org/series/CUUR0000SA0R Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor: May 2022 purchasing power: 57.8 (down -3.80% in …
The destruction of earnings power continues: Real (inflation-adjusted) earnings down for a 26th consecutive month. The longest stretch in US history by far (twice as long as the Global Financial Crisis), and represents 93% of Biden's tenure pic.twitter.com/wbDXqwz0ti — zerohedge …
US cities where the tax rate jumps most between $100,000 and $250,000, per Bloomberg: pic.twitter.com/gQ5DojPsLS — unusual_whales (@unusual_whales) June 8, 2023 In New York and San Francisco, a $250,000 salary has the purchasing power of only about $83,000 after accounting …
