The Reserve Bank of Australia is targeting wage suppression rather than inflation May 5, 2023 9:14 am
2021: No inflation, 2022: No Recession, 2023: No Banking Crisis. Everything is just Transitory. May 3, 2023 8:57 pm
Stagflation: Q1 GDP much weaker than expected on inventory plunge as inflation comes in red hot… Jeremy Powell says that a US recession is likely. “This is what it takes to get inflation down.” April 27, 2023 4:35 pmApril 27, 2023 12:59 pm
$31.4 trillion in debt currently….$1 trillion, 20% of tax revenue, will be going to pay interest on debt… 5% inflation is new standard in US April 27, 2023 4:35 pmApril 26, 2023 8:18 pm
Real Wages Fall for Two Years Straight as “Transitory” Inflation Turns Stubborn April 26, 2023 3:35 pm
Inflation Alert! Governor Lisa Cook: “there is evidence that the path back to our low and stable inflation goal could be long and is likely to be uneven and bumpy.” “All of these measures have come off their peaks but remain elevated, suggesting that inflation has become broad based in the economy.” April 23, 2023 6:24 pmApril 22, 2023 7:24 pm
Life Under Biden! US Sovereign Risk, US Debt Roar To Record Highs As Inflation Remains High … In One Chart! April 22, 2023 9:43 am
Inflation Alert! March SCE Labor Market Survey: The average full-time offer wage received in the past four months increased to $62,088 from $59,834 in November 2022. The average reservation wage—the lowest wage respondents would be willing to accept for a new job—rose to a new series high of $75,811 April 19, 2023 7:16 amApril 17, 2023 3:29 pm
Large anti government demonstration in Prague. Protesters cite inflation, which has been at least 15% in January, February, and March of this year, and rising energy prices as reasons for demanding the resignation of the Czech government. April 17, 2023 9:42 am
Inflation Alert! The purchasing power of the dollar continues to VANISH! In March, the purchasing power of $100 in January 2000 was $55.90. Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor April 13, 2023 7:38 pm
Adjusting for CPI inflation, the S&P 500’s real earnings yield is back at 0%. The Fed admits a recession will happen this year. April 14, 2023 7:24 pmApril 13, 2023 7:35 pm
US Core Inflation Rises To 5.6% In March Keeping Rate Hikes On Table, Shelter CPI UP 8.2% YoY, Food UP 8.5% YoY (Taylor Rule Suggests 11.77% Fed Funds Rate) April 13, 2023 11:10 amApril 12, 2023 10:07 am