by Boo_Randy Well this is rich. “Zimbabwe Ben” Bernanke, who should be serving out a life sentence in a Supermax prison for his role in causing the 2007 housing bubble bust & the 2008 Great Financial Crisis – is “explaining” …
by Boo_Randy When will the sheeple of the UK crack the code on their votes for the oligarchy’s hand-picked stooges who give the BoE free rein to print with wild abandon, and the soaring cost of living? https://www.dailymail.co.uk/news/article-10848489/Grocery-prices-surge-fastest-pace-13-years.html The price …
Step 1) Decide arbitrarily that the answer is 2%. Step 2) Draw a line from the current number to 2%. Step 3) It didn't work, let's draw another line. — Lyn Alden (@LynAldenContact) May 25, 2022
by: Clint Siegner Fed officials talk a good game. Esther George shared the Fed’s current stance with a CNBC reporter last week: “Looking at the stock market is an important price signal – as many others are – to watch …
Price controls. The most stupid idea. Worked "wonders" in Venezuela and Argentina. — Daniel Lacalle (@dlacalle_IA) December 30, 2021 Well, tbf Keith, price controls WOULD work to stifle inflation. Soon after enacting said controls the shelves would be empty…and just …
BY DAVID HAGGITH Jeff Gundlach warns of real recession … Greg Hunter, Peter Schiff: “Transitory inflation” leads to dollar collapse … Danielle DiMartino Booth: Here is when the Fed’s ‘housing inflation’ will break … Bob Moriarty: “It’s Going To Be Brutal” …
Photo by Leio McLaren From Peter Reagan at Birch Gold Group There could be a historic housing bubble getting ready to burst. But if Zillow Senior Economist Jeff Tucker had his way, you wouldn’t know about it. That’s because, according to this paywalled …
by confoundedinterest17 Here comes the night! The US economy us approaching recession as inflation soars and expected growth declines. Food and energy prices are soaring, hitting middle class and low-wage households like a hammer. While the headline inflation rate is 8.3% …
SF Live, Released on 5/20/22 Gary Wagner has been a technical market analyst for 25 years. A frequent contributor to STOCKS & COMMODITIES Magazine, he has also written for Futures Magazine as well as Barrons. He is the executive producer …
by confoundedinterest17 Inflation Fightin’ Fed? Kansas City Fed President Esther George said The Fed isn’t focused on impact of rates on stocks (or pension funds, apparently). The inflation that is crushing Americans is due to energy and food price increases. That is, …
It hasn’t been this bad since the early 1980s. Confirmation today that in the year to April, inflation hit a 40-year high.
Image by Gage Skidmore By Ron Paul, for Birch Gold Group Hello, friends. Birch Gold Group asked me to talk a little bit about inflation today. Now, if you’re like me, you don’t pay too much attention to the monthly CPI, Consumer …
$5 dollar gas. No baby formula. Record crime. Record inflation. Border crisis. And what’s Congress doing today? Holding a hearing on UFOs! — Rep. Jim Jordan (@Jim_Jordan) May 17, 2022 Here's retail sales adjusted for inflation: pic.twitter.com/VtD26YY6xe — Mac10 (@SuburbanDrone) …
by confoundedinterest17 Most of us are painfully aware of rising food prices, particularly with the US fighting a proxy war with Russia. Wheat prices have doubled under Biden and the Russian invasion of Ukraine. But inflation is everywhere. Rising home prices, …
by Martin Armstrong Sorry, Democrats, but Americans are more outraged that they cannot afford to live than whether others should be able to terminate pregnancies. A poll by Rasmussen Reports found that both Republicans and Democrats are far more concerned with inflation …
(Breitbart) The Senate voted on Monday to advance legislation that would provide $40 billion in aid to Ukraine, while Americans continue to suffer from food shortages and reel from inflation. The Senate voted to invoke cloture on the motion to …
by Peter Schiff of Peter Schiff Podcast · More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. · Consumers are borrowing more, despite rate hikes. · Oil positioning for …
Former Fed Chairman Ben Bernanke said the central bank erred in waiting to address inflation. “One of the reasons was that they wanted not to shock the market,” he told CNBC’s Andrew Ross Sorkin. Bernanke spoke a day ahead of …
by Martin Armstrong We went from a booming economy to staring down the next recession. Inflation has reached 8.3%, and most Americans are troubled that they will no longer be able to afford their standard of living. According to the …
by BoatSurfer600
INFLATION: Jen Psaki says White House economic experts believe inflationary impact will be "temporary, transitory." pic.twitter.com/SbNuByIQzD — Forbes (@Forbes) May 10, 2021 Only for commodities like energy and gasoline She is clueless to the cascading effect of price increases Not …
by TheHappyHawaiian CPI from the BLS says that rents are up 5% over the last 12 months, but that’s not even close to reflecting the rents shown elsewhere. We all know this though, ask anyone about their rent and you’ll …
by Martin Armstrong COMMENT: Marty, I want to thank you so much for the WEC. Perhaps you will consider doing one that is streamed in the middle of this craziness. I have listened to many analysts. But you are head and …
by confoundedinterest17 The US Senate yesterday confirmed the reappointment of Jerome “Slowhand” Powell as Federal Reserve Chairman. The good news? Atlanta Fed’s Flexible CPI YoY cooled to 20% in April. The bad news? Flexible prices are still growing at 20% while …
Inflation crushes the poor. Tragedy. “for the poor increases in food prices may push them greater into poverty.They may also have to choose between feeding their families and medicines. They may have to choose between having a roof over their …
LUNA, the First Crypto to Hyperinflate, Is Now Worth Zero
by Shaun Richards Today has brought an opportunity to look at another facet of the cost of living crisis. I often look at house price inflation but this time around it is those who rent that take centre stage. As …
