inflation
New Zealand food inflation highest for 13 years as vegetables and dairy drive prices
by Boo_Randy How’s that globalist Quisling regime working out for ya, Kiwis? https://www.theguardian.com/world/2022/sep/13/new-zealand-food-inflation-highest-for-13-years-as-vegetables-and-dairy-drive-prices Grocery costs rose 8.3% in August, figures show, thanks to a 6.7% rise in eggs last month and a 15% surge in fruit and vegetables. Shoppers may …
Argentina to Hike Interest Rates to 75% as Inflation Nears 100%
The central bank boosted its benchmark Leliq rate by 5.5 percentage points to 75%, according to an emailed statement. The move comes a day after data showed consumer prices jumped nearly 79% a year in August, the fastest pace in …
Legislation Within the Biden Green New Deal, Inflation Reduction Act, Has Created a Domestic Carbon Trading Platform
by Sundance Deep inside the legislative language of the falsely titled “inflation reduction act”, aka The Green New Deal legislative vehicle constructed by lobbyists and passed by congress, people are now starting to realize a carbon-trading system was created. Ultimately, a …
UK Inflation improves a little but not the cost of living
by Shaun Richards We remain in the part of the month that is rich with UK economic data and this morning we received something we have not seen for a while. The Consumer Prices Index (CPI) rose by 9.9% in …
Rising Inflation, Falling Markets and False Facts All Point to Gold
By Egon von Greyerz In Part I of this two-part interview series with Michelle Makori of Kitco News, Matterhorn Asset Management principal Matthew Piepenburg addresses the latest (and “official”) CPI inflation data. Higher than expected inflation figures sent risk asset markets tanking, but …
Biden tests out luxury vehicles at the Detroit Auto Show as inflation saps US wages and savings
NEW – Biden tests out luxury vehicles at the Detroit Auto Show as inflation saps US wages and savings — and just a day after drawing jeers for throwing an “inflation reduction” party.https://t.co/cF3zZiXCJP — Disclose.tv (@disclosetv) September 14, 2022 President …
This should keep inflation under control…. Good job Justin
by BoatSurfer600 Source: http://www.reuters.com/article/canada-politics-idUSKBN2QE1NE?utm_source=34553&utm_medium=partner
Watching the government release a terrible inflation report, while the figurehead of the government was literally giving a speech about having defeated inflation…
by lemonparty …was surreal. Yesterday the government released yet another terrible inflation report, almost 9%, which was larger than expected. The stock market fell over 500 points. Biden gave a speech about how he just finished defeating inflation. What the …
Joe Biden Holds “Inflation Reduction Party” Amid Record Inflation and Crashing Stock Market
by Chris Black Frankly, this is kind of a chad move. On some level, you can’t help but appreciate the Biden Administration’s “let the peasants rot while we dance” attitude. You can’t really say that the American population, of all …
New Inflation Report Triggers Panic At The Fed
via breitbart: After a brief respite in July from the worst inflation in forty years, consumer prices are rising again. Compared with a month earlier, the Bureau of Labor Statistics’ Consumer Price Index rose one-tenth of a percentage point. On a year-over-year basis, …
Inflation Continues to Skyrocket as Fed Claims Raising Interest Rates Will Fix It
by Chris Black I have said that raising interest rates is actually going to increase inflation. People have confronted me about this, but what I’ve said is actually very simple and obvious: Raising interest rates lowers the wealth of the …
While Inflation and Fear of the Fed Buried Markets, Deeper Troubles Will Soon be Revealed
by David Haggith Monday’s financial news was filled with fantasies about how Tuesday’s CPI report would be as boring for the stock market as watching the paint dry on Fed QT, but all that falderal didn’t even age one day without …
What Happens to Inflation When the U.S. Dollar Begins to Collapse?
By Graham Summers, MBA As I noted yesterday, Japan has unleashed the next wave of inflation. By quick way of review: 1) Japan’s central bank, the Bank of Japan or BoJ, is the only major central bank that is still …
ECB’s Inflation Fight May Knock Out the Dollar
by Peter Schiff of Peter Schiff Podcast ECB hikes rates as Europe’s inflation outpaces the U.S. · Powell admits we’re on an unsustainable fiscal path. · The Fed is not a friend of the public. It’s the enemy. · U.K. government will make …
Stock market to puke on open; Treasury yields surging on inflation/recession expectation
Real wages have fallen EVERY MONTH since Biden’s $1.9 trillion "stimulus" passed. '𝟐𝟏Apr: -3.4%May: -2.7%Jun: -1.3%Jul: -1% Aug: -0.9%Sep: -0.5%Oct: -0.8%Nov: -1.4%Dec: -2.1%'𝟐𝟐Jan: -1.9%Feb: -2.5%Mar: -2.6%Apr: -2.5%May: -2.9%Jun: -3.5%Jul: -3%Aug: -2.8% — Jacki Kotkiewicz (@jackikotkiewicz) September 13, 2022 Steep fall: …
Japan Just Unleashed the Next Wave of Inflation
By Graham Summers, MBA Japan just hit the “panic” button regarding inflation. Over the last few two years, the Japanese Yen has imploded as the country’s central bank continued to print money. In contrast, the central banks in both Europe …
Micheal Pento: Inflation Peaks During Recession
Guest Post by Michael Pento from his blog The Pento Report: People tend to hear what they want to hear and believe what they need to believe. In no place is this more true than on Wall Street. The Fed …
Inflation Is About To Explode – YOU CAN’T AFFORD GROCERIES — (“Per the UN, it’s estimated 860 million people could starve to death in the next 24 months.”)
by Amy S. A surge in prices in 2022 delivered a blow to President Biden and underscored the immense challenge facing the Federal Reserve as inflation, which many economists had expected to show signs of cooling, instead reaccelerated to climb at …
ARGENTINA’S Inflation Rate Expected to hit 95% This Year… Turkish Central Bank’s Gold Reserves At 2-year High
https://twitter.com/WallStreetSilv/status/1568555005585625088 TURKISH CENTRAL BANK'S GOLD RESERVES AT 2-YEAR HIGH Last year they wanted citizens to sell their gold. "That's the way the cookie crumbles." pic.twitter.com/phP01U10kO — Gold Telegraph ⚡ (@GoldTelegraph_) September 9, 2022
Inflation in Turkey. Seven years ago 55,000 lira got you a car. Today it gets you a phone.
Inflation in Turkey. Seven years ago 55,000 lira got you a car. Today it gets you a phone. pic.twitter.com/ZC8rfG1JGF — Piotr Zalewski (@p_zalewski) September 8, 2022
Home BIG Bubbles? Fed Inflation Battle to Spur Greater Economic Harm Than Realized (Jumbo Rate Hike Expected On September 21st FOMC Meeting)
by confoundedinterest17 The Fed’s quest to hammer inflation into submission is likely to piece various asset bubbles raging around the economy, like housing. And The Fed hasn’t really begun to shrink their prodigious balance sheet yet. Look out below! The weather …
A supply side energy crisis is not inflation. 20 million Americans can’t afford their utility bills…
Clearly, economists don't understand inflation. Inflation is caused by monetary expansion. Monetary policy is the tightest in history. A supply side energy crisis is not inflation. 20 million Americans can't afford their utility bills:https://t.co/YE3wEBjst6 Or food: pic.twitter.com/r6N2eITcXZ — Mac10 (@SuburbanDrone) …
Two best sectors during inflation: Energy and Equity REITs
by EightFolding What are your favourite Equity REITs? Are any of them performing well at the moment? I had been avoiding real estate because as a sector it’s doing so badly. But I was interested to read this analysis that …
The Fed Can’t Solve an Inflation Problem It Doesn’t Understand
by Peter Schiff of Peter Schiff Podcast · Consumers have misplaced confidence. · Job hirings shrink as job openings grow. · Jeremy Siegel, Becky Quick, and Joe Biden compete for most ridiculous inflation comment. · Los Angeles liberals’ virtue signaling reaches new level …