Economist and founder of ShadowStats.com, John Williams says the government’s “phony numbers” don’t show the public how bad things really are with the economy. Williams prides himself in giving you the actual economic numbers without “accounting gimmicks” that make things look better …
FOMC minutes: The labor market will need to weaken to bring down high inflation. "The unemployment rate would likely rise somewhat, importantly reflecting the effects of tighter monetary policy." https://t.co/ZxBJ8hegB5 pic.twitter.com/DGLqPHWxHs — Nick Timiraos (@NickTimiraos) October 12, 2022
JUST IN – Producer price inflation in the United States rises by 0.4% to 8.5% in September — more than expected as inflation persists. — Disclose.tv (@disclosetv) October 12, 2022 55% of workers say their pay isn’t keeping up with …
Guest Post by Peter Schiff from his blog on SchiffGold.com: Some people in the mainstream have been talking about gold’s demise as an important financial asset. Meanwhile, central banks continue to buy gold. What are the gold naysayers missing? Peter Schiff …
by Ron Paul of Ron Paul Liberty Report One would have hoped that after the fall of the Soviet Union, the idea of a centrally planned economy would have been discarded forever. But alas, it was not. And now we are witnessing the …
Allianz Chief Economic Adviser Mohamed El-Erian said he predicts headline inflation “will probably come down to about 8%,” but that core inflation “is still going up.” El-Erian said an increase in core inflation means “we still have an inflation issue.” …
This should work out well. Price freezes NEVER EVER cause scarcity. The black market peeps will love it though. h/t BoatSurfer600
by Shaun Richards Today has brought a couple of matters into focus and the Netherlands is turning out tp be rather a test case in several ways. We can open with one perspective which is that it is part of …
Food prices are rising at one of the fastest rates among consumer goods in Australia. Costs of fruit and vegetables rose 18.6% in August compared to a year ago, according to the latest update by the Australian Bureau of Statistics. …
Forty-three percent of U.S. adults are planning to take trips between Thanksgiving and New Year’s; 79% of them are changing their holiday travel plans due to high inflation, according to Bankrate. Some are shortening their trips, choosing cheaper accommodations or …
The price Americans will pay for Tarp, Obamacare, PPP, and all Govt. programs that lead to the massive build up of debt since the 2008 financial crisis is #inflation. Double digit annual inflation will soon be a way of life …
by BinyaminDelta Reuters in 2020 telling you don’t be silly, inflation won’t happen… Trillions in bailouts and unplugging the economy will actually cause prices to fall long term! “The coronavirus pandemic is more likely to leave a legacy of weak or falling prices for goods and services …
Inflation pushing nearly 90% firms to raise prices in 2023 In a new Forbes/Xometry/John Zogby Strategies survey shared with Secrets about the impact of inflation and the continued supply chain crisis under President Biden, 87% of manufacturing CEOs said they …
You liked “inflation is good for you”? Then you'd love “nuclear war is good for you” 🤡 pic.twitter.com/fLzVweCIAf — Dr. Eli David (@DrEliDavid) October 2, 2022
Washington CNN — Several states are sending taxpayers money to help them cope with inflation, but some economists warn that the payments will do little to alleviate the pain of rising costs and could further fuel inflation. In California, for …
by silvertomars You can roughly multiply these numbers by two for real world numbers. Look at the PPI for a much more reliable indicator, it is not subject to the “hedonic adjustments” for political purposes. Netherlands inflation Rate jumped 17%.
Congress is sending another $12 billion in military gear and other aid to Ukraine, pushing the total transfer up to $65 billion in 2022. The $65 billion is roughly equivalent to Russia’s entire military budget for 2021, including Russian soldiers’ …
by ThinkBigger01 https://www.reuters.com/markets/europe/german-annual-inflation-rate-10-september-business-insider-citing-govt-sources-2022-09-29/ https://www.investing.com/economic-calendar/german-cpi-737 German CPI inflation jumped to a whopping 10.0% in september (from 7.9% last month). Tomorrow we’ll get Eurozone inflation which most likely will also come out much higher. Expect more pressure on ECB and Lagarde to hike alot …
..and that’s just the official numbers. Energy costs up 43% compared to August. https://www.welt.de/wirtschaft/article241330127/Inflation-Hoechster-Wert-seit-70-Jahren-Anstieg-im-September-auf-10-Prozent.html And of course they want us to save as much energy as possible.. yeah, no more gas pipelines and because nuclear is bad no nuclear power …
https://www.theguardian.com/business/2022/sep/28/uk-food-prices-soar-by-record-106-as-russia-ukraine-war-pushes-up-costs Food prices in the UK have soared by a record 10.6% this month, as the war in Ukraine continues to drive the cost of staples such as margarine, pasta and tinned tomatoes to new highs. Overall, shoppers faced 5.7% inflation in …
U.K. gilt yields were on course for their sharpest monthly rise since at least 1957 as investors fled British fixed income markets following the new fiscal policy announcements. The measures included large swathes of unfunded tax cuts that have drawn …
https://twitter.com/gurgavin/status/1574426327142502400
by confoundedinterest17 According to the BLS, US core inflation is 6.3% and headline inflation is 8.3% YoY. But everything I consume seems to be going up at a much faster rate? Under Biden, regular gasoline price is UP 55%, CRB Foodstuffs …
Mark Magarian on Palisades Gold Radio Mark Magarian returns to the show to discuss the markets and the fundamental outlook for gold. Timing is key in these markets. Mark discusses the importance of managing risk and considering the fundamentals of assets. …
The inflation reduction act in a nutshell. Absolutely spot on Dan Aykroyd on Saturday Night Live. (1978). Inflation policy. pic.twitter.com/lhxr0Lgcj5 — James Melville 🚜 (@JamesMelville) September 21, 2022 h/t E CaT PanTHer
The German sheeple elected globalist Quislings. They’re getting exactly what they voted for, good & hard. I have no sympathy. Oh well i read the other day from an italian report "Default en mass starting by October" — Alessio (@AlessioTMAD) …
The Riksbank said monetary policy will need to be tightened further to bring inflation back to its 2% target, and forecast further rises to interest rates over the next six months. “The development of inflation going forward is still difficult …
Even the inflation % is a lie. @PlanetPonzi pic.twitter.com/pvJ9qoim7e — James Melville 🚜 (@JamesMelville) September 16, 2022 im laughing pic.twitter.com/p7pykilzEC — spaghettilisbon (@spaghettilisbon) September 17, 2022 The price of power is surging in the US. ⚡️ Many electricity intensive industries …
