LOL! PELOSI: “The fact that people have jobs always contributes to an increase in inflation and that’s a good thing.”
https://twitter.com/dbh1127/status/1492994602810413067
https://twitter.com/dbh1127/status/1492994602810413067
Congressional Democrats have aimed to kill inflation by flooding the economy with taxpayer-funded subsidies, but one Democrat senator, Sen. Joe Manchin, disagrees. As prices have increased 7.5 percent and weekly wages have decreased 3.1 percent, the reigning party in Washington, …
by stylishskunk I posted several months ago about how inflation will cause a downturn in the stock market. Too many of you autists thought that the market was a good hedge against inflation and I was wrong. Wrong! It’s a …
by confoundedinterest17 I thought the last inflation report of 7.5% inflation was bad. But then the Atlanta Fed updated their inflation measure for flexible prices. Flexible inflation, less food and energy, is roaring at 19% YoY! Flexible prices are those …
by Snooprematic When covid hit, the modern market hadn’t really seen anything like it. You’ll notice the charts have quite the steep fall, indicative of market panic. Lockdowns, an unknown virus. The business landscape suddenly became very unclear and the economy …
Inflation is making headlines again this week. The federal government’s latest data show that consumer price rose 7.5 percent from January 2021 to 2022. That’s the highest rate of price inflation we’ve seen in nearly 40 years! What does this …
Poor cows just can't catch a break.https://t.co/xS6EqjCJPV — Status Quon't (@statusquont) February 12, 2022
The University of Michigan’s sentiment index dropped to 61.7, the lowest since October 2011, from 67.2 in January, data released Friday showed. The figure trailed the median estimate of 67 in a Bloomberg survey of economists. The report’s gauge of …
How the Federal Reserve manages Inflation pic.twitter.com/gmcShtr9KY — Kyla Scanlon (@kylascan) February 11, 2022 Spoke here https://t.co/YBVVA3vT7E — Kyla Scanlon (@kylascan) February 11, 2022
by Martin Armstrong The price of living in America is completely unsustainable. Inflation soared in January by 7.5%, marking the fastest pace of price gains since February 1982 when the index reached 7.6%. Secretary Psaki attempted to do damage control …
by Michael Snyder I warned you that inflation was going to get worse. On Thursday, we learned that the consumer price index was 7.5 percent higher in January than it was a year ago. We are being told that this …
by confoundedinterest17 As expected, US inflation surged from 7.0% in December to 7.5% in January. REAL average weekly earnings growth YoY fell to -3.1%. Energy prices YoY lead the wage (fuel oil UP 46.5% YoY). Used cars and trucks UP 40.5%. …
by Shaun Richards This morning has seen another stage in the inflation journey. This has over the past 24 hours seen a couple of stages. First came the rumours that the US CPI numbers would be below expectations. Note they …
by: Stefan Gleason The recent explosion in inflation rates caused by runaway debt-funded federal spending and Fed money printing has sparked renewed interest in state legislatures in the role gold and silver play in hedging against systemic risks. With expanding concerns about …
by Mac Slavo of SHTFplan Based on the simple fact that we have all noticed just how much our grocery bills have gone up, it should not be shocking to hear producers claim inflation is going to be running theme in 2022. But …
by Martin Armstrong Inflation is soaring worldwide. South Korea experienced a near 10-year high in inflation this January after prices spiked 3.6% YoY. This is the tenth consecutive month that South Korea’s inflation ran above the central bank’s 2% target. …
Fed and ECB still behind the inflation curve.Central banks risk a pile-up of monetary policy tightening as inflation expectations become more embedded.By @elerianm https://t.co/5ra5cAm2hR — Nouriel Roubini (@Nouriel) February 7, 2022 "Negative interest rates are hugely unpopular…Some ECB policy makers …
by confoundedinterest17 Inflation is literally burning a hole though the pockets of Americans. The Flexible Price CPI is raging at 18% YoY. The Dallas Fed has their preferred measure of inflation, the trimmed mean CPI, is growing at only 3.05% YoY. …
The job market is not tight, it's broken. The economy is a mess, and inflation is running wild. https://t.co/gstRKflbTd — Dave Collum (@DavidBCollum) February 2, 2022 We're fighting the last war. Incomplete recovery after 2008 meant COVID policy stimulus was …
Consumer perception of current economic conditions in December was almost even with April 2020 levels, when sentiment bottomed out following the first major restrictions to control the coronavirus pandemic. While Americans’ feelings about their personal finances slid through much of …
by Simon Black On December 21, 1789, just as France was in the very early days of its chaotic revolution, the country’s brand new “Constituent Assembly” passed a desperate decree aimed at preventing economic disaster. France was already on the brink …
Inflation is surging around the nation, hitting its highest mark in nearly 40 years. However, the most popular migration destinations around the country have been facing the worst surge in prices for goods and services, according to a new report. …
by Shaun Richards The issue of the cost of living is making the headlines in various ways at the moment but one example of it came from an unexpected source. Here is Jack Monroe from just under a fortnight ago. …
by Mike Gleason Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Gold and silver markets took a hit this week following the Federal Reserve’s meeting announcement. Although Fed officials didn’t make …
https://www.youtube.com/watch?v=0k-gqlYAUKw Inflation continues to grip not only the United States, but also the world. We’ll discuss the impact it’s having on markets and how some investors are looking to hedge a volatile week in trading. And could the dominance of …
by Shaun Richards As we arrive at the end of the week the focus has switched to the Euro area and European Central Bank.Whilst as we noted yesterday neither the US nor Canada raised interest-rates they set out their stall …
by Charles Hugh-Smith The clear winners in inflation are those who require little from global supply chains, the frugal, and those who own their own labor, skills and enterprises. As the case for systemic inflation builds, the question arises: who …
by confoundedinterest17 Despite inflation growing at 7% (versus The Fed’s target rate of 2%) and U-3 unemployment being only 3.9%, one would have thought that Jay and The Gang would have started increasing rates at the January meeting. But nooooo. The Fed …