El-Erian says ‘transitory’ was the ‘worst inflation call in the history’ of the Fed Calling inflation “transitory” was a historically bad move for the Fed, according to Allianz Chief Economic Advisor Mohamed El-Erian. The comments came after the Labor Department …
by The Phoenix The Fed Finally Created Inflation… And Now It’s Going To Blow Up the Financial System By Graham Summers, MBA The Fed finally succeeded in creating its much-desired inflation… and the great irony is that it will likely blow …
by Ryan McMaken of Mises Institute According to new data released Friday by the Bureau of Labor Statistics, price inflation in November rose to the highest level recorded in nearly 40 years. According to the consumer price index for November, year-over-year price inflation rose …
Face The Nation, Released on 12/12/21 Mohamed El-Erian, chief economic adviser for Allianz, says the “characterization of inflation as transitory is probably the worst inflation call in the history of the Federal Reserve.” “The characterization of inflation as transitory — …
Peter Schiff and Tucker Carlson discuss how 2021 real inflation rate was the worst in US history and why it’s about to get much worse. Housing prices are soaring, production is tanking, energy prices are surging, and the cost of …
by Shaun Richards This week is central bank week as a veritable carousel of meetings takes place. The US Federal Reserve has already hinted at a further slowing of its QE buying whilst the Bank of England looks set to …
by confoundedinterest17 The U.S. went on a borrowing binge last year and the hangover could make it harder for the Federal Reserve to fight inflation without crashing the economy. Corporate debt has surged $1.3 trillion since the start of 2020 …
Wall St. For Main St., Released on 12/11/21 Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982 https://www.cnbc.com/2021/12/10/consu… Surging prices for food, energy and shelter accounted for much of the gains. Shadow Stats Alternate CPI (using …
This is crazy: 25% of NY Fed survey respondents see inflation at 9.7% or more in 1 year pic.twitter.com/ww2v1OZIQb — zerohedge (@zerohedge) December 13, 2021 German Finance Minister Lindner: We See The Risk Of Rising Inflation In EU And World …
by Michael Snyder All of a sudden, inflation is one of the hottest political issues in America. Most people seem surprised that inflation has gotten so wildly out of control, but the truth is that this should not be a …
by confoundedinterest17 Earlier today I wrote about the horrible November Consumer Price Index (CPI) print of 6.9% YoY. But that 6.9% YoY is very misleading because of the strange way the Bureau of Labor Statistics measures the largest asset in …
by tyrranus Very brief and abridged version: Previously, the Consumer Price index (CPI) was calculated using a basket of goods to generate a Cost Of Goods Index (COGI). So, actual prices of actual real world items. The Bureau of Labor …
Biden the brilliant economist. https://nypost.com/2021/12/10/biden-highest-inflation-in-years-means-congress-must-pass-spending-bill/ View post on imgur.com h/t CharlieFoxtrot
U.S. inflation rate swells to 39-year high of 6.8%. Americans paying higher prices for almost everything The numbers: The cost of living climbed again in November and drove the rate of U.S. inflation to a nearly 40-year of 6.8%, putting more …
by confoundedinterest17 The U.S. is poised to enter Year Three of the pandemic with both a booming economy and a still-mutating virus. But for Washington and Wall Street, one Covid aftershock is starting to eclipse almost everything else. Already-hot inflation …
We’ve lived in a low inflation world for the past 40 years. But with inflation now raging, how will that change the investing climate going forward? Here in December investors are starting to look ahead to next year, wondering what’s …
by Craig Hemke via Sprott Money News As if the year 2022 wasn’t already shaping up as a dangerous and volatile year, what if we throw in some soaring food prices and food shortages, too? Since mid-2020, we’ve been writing and warning about …
BlackRock Head of U.S. Bond ETFs Steve Laipply breaks down the acceleration in demand for bond ETFs as investors seek places to hedge against inflation.
By Matthew Piepenburg If you’re wondering why the media, markets and mandates are making less sense despite a constant flow of hard facts contradicting their message, it’s critical to watch what is done rather than said by the policy makers behind the fear and inflation …
by Michael Ballanger via Streetwise Reports I had thought that prior to this week, I had seen pretty much everything when it comes to the financial press shoveling out Wall Street “spin” in order to proper up the markets prior to the end-of-year …
There is a growing and consistent case for global 'growth scare' even beginning w/US trade in goods. Supposed to be booming, but masked by money illusion.https://t.co/BiRN8UlQMA — Jeffrey P. Snider (@JeffSnider_EDU) December 8, 2021 Fed May Not Get Very …
by Shaun Richards This week has seen another phase in the energy crisis which is facing Europe. In sense the Rolling Stones were correct and indeed prescient with their lyric “It’s a gas,gas,gas.” The domestic energy reliance on gas and …
BANK OF AMERICA'S CEO MOYNIHAN: INFLATION IS REAL AND MUST BE MANAGED. — FinancialJuice (@financialjuice) December 7, 2021 Unit Labor Costs revised upwards to +9.6% (vs. preliminary +8.3%) in Q3 pretty decent jump. — Hedgeye (@Hedgeye) December 7, 2021 https://twitter.com/PriapusIQ/status/1468225312215519235 …
Danielle DiMartino Booth on GoldCore TV Jerome Powell – The Hawk is back, according to our guest on GoldCore TV, Ex Federal Reserve Advisor Danielle DiMartino Booth in this explosive interview. As Danielle sees it the new Jay Powell is the old …
Economists surveyed by the National Association for Business Economics are predicting that annual inflation will remain above 2% over the next three years as a result of rising wages and strong demand for goods and services. NABE panelists project that …
by kawake tl;dr — I’m to retarded to give a conclusion on whether consumer price inflation is sticking around or not. Instead this post just outlines the different inflationary and deflationary pressures in the global economy. I think it really comes …
Gas prizes have been THROUGH THE ROOF the last couple of weeks. We’re heading towards the 3rd world. This is the end of society as we know it. The inflation rate in the Netherlands was in a november increase …
Lower-income households are most likely to have experienced financial hardship due to price increases. Seventy-one percent of those living in households making less than $40,000 a year say that recent price hikes have caused their family financial hardship. That compares …
by Peter Schiff of Peter Schiff Podcast Dow down over 1300 points in 2 days over concerns. Bubble market found its pin. Jerome #Powell is essentially a member of the Biden administration. The only tools the Fed has left will destroy the bubble …
by Arkadiusz Sieron of Sunshine Profits Oops!… Gold did it again and declined below $1,800 last week. What’s happening in the gold market? Did you enjoy your roast turkey? I hope so, and I hope that its taste – and Thanksgiving in general …