At the risk of being redundant, the current inflation is quite different than the 1970s. It's more like the 1940s, as I've been saying since last year. When sovereign debt is high, interest rates stay low even if inflation runs …
By Graham Summers, MBA Yesterday, I outlined the dark truth about the economic shutdowns of 2020. That truth? That the shutdowns have unleashed an inflationary tidal wave. Central bankers have been trying to create inflation for years. They’ve printed over …
BY JOHN RUBINO Paris during the Great Depression was full of unemployed people — and apparently it was awesome. As the story goes, the City of Light circa 1934 offered few good jobs and little upward mobility – which is pretty …
by Peter Schiff of Peter Schiff Podcast Santa Claus rally comes early. Even Fed’s sugarcoated data shows inflation twice has high as their target. Gold may be turning its $1800 ceiling into a floor. Bitcoin pumps with risk assets. Record GBTC discount shows …
by Martin Armstrong Powell’s decision to retire the word “transitory” when discussing inflation was too little, too late. The Bureau of Economic Analysis (BEA) reported that US inflation soared 5.7% in November on an annual basis, marking a 0.5% rise …
U.S. economic growth looks set to fuel inflation that’s even faster than most analysts anticipate in the first part of 2022, according to a trader who correctly picked this year’s jump in bond-market expectations for consumer-price gains. Semin Soher Power, …
by John Mauldin You won’t be surprised to know I disagree with recent Federal Reserve policy choices. The Fed’s future choices are more important, though. Debating what they should do is one thing. Anticipating what they will do is critical. Today we’ll “war game” …
by confoundedinterest17 The core Personal Consumption Expenditures (PCE) deflator numbers for November were released this morning and the print was a whopping 4.7% YoY, the highest rate since 1989. Meanwhile, U.S. consumer spending, adjusted for inflation (aka, REAL personal spending), …
https://twitter.com/NorthmanTrader/status/1474133895071383552 https://twitter.com/RetirementRight/status/1474025413248630786 "Higher prices destroy demand. If you look at actual consumption expenditures in real terms they are actually falling, especially for those that are lower income earners." Michael Green (@profplum99)https://t.co/8SF2PgmxMv — Danielle DiMartino Booth (@DiMartinoBooth) December 24, 2021 1. …
U.S. inflation soars, spending softens in November The numbers: Consumer spending rose 0.6 in November after a 1.4% gain in the prior month, the U.S. government said Thursday. Personal income rose 0.4% after a 0.5% rise in October. The gains were …
by Kimble Charting Over the past 18 months, I’ve penned several articles about traceable commodity breakouts and rising commodities prices… and inflation risks. With each breakout came more inflation pressures. And today, we continue to battle high energy, food, and …
by: David Smith The Producer Price Index (PPI) is a measure of inflation expectations by industry producers. Most investors keep an eye on the Consumer Price Index (CPI). However, the CPI gauge is not only incomplete, it is, as U.S. …
https://www.youtube.com/watch?v=HNAid-j-A0A Eric Thompson from Trending Politics reports, What happens when a government allows millions of foreign nationals to enter their country without work lined up, who shuts down pipelines and add more regulations driving up energy costs by up to …
by confoundedinterest17 The Federal Reserve’s zero-interest rate policies (ZIRP) has The Fed Funds Target Rate at a measly 25 basis points or 0.25%. While this is great for some, it is disastrous for savers. Once we subtract off the inflation rate …
https://twitter.com/wmiddelkoop/status/1473085146995830786
Economists sharply raised their US inflation forecasts for next year. pic.twitter.com/2q5YsAmphH — (((The Daily Shot))) (@SoberLook) December 20, 2021 *FED REVERSE REPO USAGE RISES TO RECORD $1.758 TRILLION year-end fun pic.twitter.com/iGotxZ1VVh — Brian Chappatta (@BChappatta) December 20, 2021
“Expect inflation to come down very quickly,” due to incoming rate hikes expected from the Federal Reserve, says NYT best-selling author Jim Rickards. You could see severe, “tightening into weakness,” with a potential of three rate hikes next year, he …
by: Stefan Gleason President Joe Biden’s so-called “Build Back Better” agenda was dealt a likely fatal blow on Sunday. Moderate Democrat Joe Manchin announced that he would oppose his party’s massive $2 trillion spending bill. That effectively kills it in its …
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From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Gold’s stability despite the current economic uncertainties, changes in precious metals benchmarks, and an overview of silver …
by Chris Black Jerome Powell, the genius running the FED, has decided to keep interest rates at zero or near zero and also stop referring to inflation as “transitory.” He used his genius brain to realize that printing more money …
via Kurt Schlichter Most of you whippersnappers were not even Planned Parenthood targets back when inflation was last a thing. It was the late-seventies, which you people associate with funky clothing and disco music. Most of us who lived through that …
Tucker leads the conversation by noting that CPI rose by nearly 7% year over year in November, the highest inflation in decades. While that’s bad enough, Schiff responded by noting that CPI probably isn’t even the right measure of inflation, …
by confoundedinterest17 There was an interesting op-ed in The Wall Street Journal entitled “The Fed Is the Main Inflation Culprit”. If price stability is squandered, financial stability is put at risk. If financial stability is lost, the economy is imperiled and the …
https://www.youtube.com/watch?v=K-gVjylFgRQ Mike LaChance from American Lookout reports, Democrats and the media continue insisting that the economy is doing great, but the American people know it’s just not true. During a recent monologue on his show, Tucker Carlson explained why things …
by The Phoenix By Graham Summers, MBA And there it is: REAL inflation of 9%! I’ve noted many times in the past that the official inflation measure, the Consumer Price Index, or CPI, is gimmicked to the point of fiction. The reason …
by Shaun Richards This morning some chickens have come home to roost in the UK. Something that I have warning about since the Bank of England started to pump up the money supply is now really hitting both workers and …
Democratic economist Larry Summers, who served as treasury secretary for Bill Clinton and a top adviser to Barack Obama, spoke out against the Biden administration on Monday for its narrative about the inflation crisis. What is the background? The Labor …
by Jason Burack of Wall St For Main St Inflation surged in November. Food, energy and shelter prices accounted for much of the gains. FULL SHOW NOTES AND LINKS HERE Commit to tipping us monthly for our hard work creating high level, thought …
