Family pack of ribeye at Wegmans has risen from $9 plus change to over $15 in about a year. People should ask the @federalreserve to flesh out their theories of inflation being contained by asking, "Where's the beef?" — Dave …
by Claudio Grass via Claudiograss.ch Over the past couple of weeks, we’ve been seeing more and more mainstream headlines about inflation fears being on the rise, both in the US and in Europe. Central bankers on both sides of the Atlantic have been …
by confoundedinterest17 There is a lot of noise about cryptocurrencies like Bitcoin and Ethereum being hedges against inflation. Here is Bitcoin against core PCE prices YoY. Only if inflation is truly transitory and declines. Ethereum as a hedge against inflation? Ethereum …
Costco Sees “Inflationary Factors Abound” Don’t tell Costco executives that inflation is low. The big-box club chain said it’s been seeing accelerating prices across a range of products, including shipping containers, aluminum foil and a 20% spike in meat prices …
Bloomberg: Your paycheck is now worth 3.1 percent less than last year thanks to Biden’s inflation tax pic.twitter.com/coxeAFZi7O — Tom Elliott (@tomselliott) May 28, 2021 NOTHING BUT RED INK AS FAR AS THE EYE CAN SEE: That’s Hans Bader’s assessment of Biden’s …
Authored by Peter Schiff via SchiffGold.com, It’s dawning on many investors that our post-Covid financial problems may not be as easily solved as Washington claims… The latest clue that trouble is brewing has come from the sudden and dramatic arrival …
Inflation inches higher, but is it the inflation number that we should be paying attention to? Listen to this video to hear the remarkable correlation between deflation and when money is created. There looks to be a pattern, and if …
by Michael Snyder If you are enjoying the ride on the highway to hyperinflation, then you are going to absolutely love Joe Biden’s new budget. Instead of realizing the mistakes that he has made and reversing course, Biden has decided …
by: Stefan Gleason Heading into Memorial Day weekend, American motorists will see the highest prices at the pump since 2014, according to AAA. Gas prices now average $3.04 a gallon nationally – reflecting a jump of more than $1.00 compared to …
by Peter Schiff of Peter Schiff Podcast Gold close to breakout and dollar close to break down. Fed admits unpleasant inflation is a possibility. Major disappointment in home buyer data. Surplus of money is pricing Americans out of the home and automobile market. …
https://www.youtube.com/watch?v=3tnBeAAEAAE Senators discuss Bidens inflation Crisis
CNBC’s Jim Cramer said he’s not concerned the U.S. economy will face runaway inflation during its Covid recovery. Instead, the “Mad Money” host predicted a “soft landing” once supply chain and wage pressures ease. “We may finally have some real …
by David Haggith All those economists who went along with the Fed’s inflation-is-temporary-and-going-per-plan narrative are stunned by the data they now see coming in. They shouldn’t be, as it was predicable. However, they will need to get bigger charts to make …
Just reordered some soap bars from amazon. When I first ordered them in October of 2020 they were $10.72. Today $21.95. No inflation in sight. pic.twitter.com/gin8lZMMzp — Liberty Street News (@LbrtyStreetNews) May 25, 2021 DC sues AMAZON for antitrust, alleges …
https://www.cnn.com/2021/05/25/business/inflation-economic-growth-biden/index.html View post on imgur.com View post on imgur.com https://www.marketwatch.com/story/inflation-is-running-so-hot-that-data-surprises-are-almost-off-the-chart-11621966487 h/t dr0id
by Jeff Thomas via International Man Traditionally, inflation has been defined as “an increase in the amount of currency in circulation.” Such an increase almost always causes an increase in the cost of goods and services, since, more plentiful currency units …
via 19fortyfive: President Joe Biden’s bold budget proposals must raise serious questions about the country’s economic future. Not only do they raise immediate inflationary concerns. They also raise concerns about the country’s long-run debt sustainability. In his first 100 days in office, Mr. …
by confoundedinterest17 Robert Shiller had an interesting interview with CNBC entitled ‘Wild west’ mentality is gripping housing, stocks and crypto” Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about …
https://twitter.com/AndysCycles/status/1396286034942611458 Central banks balance sheet vs GDP. "Everything is fine, it is not as large as Japan's BOJ" is a false narrative. Considering three decades of stagnation and massive debt as "fine" is more than dangerous. pic.twitter.com/vTIVSR6cY5 — Daniel …
The Big Short Michael Burry has bet big on inflation. Will it be true? So far it is. Inflation is coming has been the signal sent from bond markets. More money moving into the stock market. Value stocks have seen …
By Matthew Piepenburg Below we look at the dark corner in which the Fed has placed themselves and investors: A one-way path toward tanking markets or crippling inflation. Alas: Pick your poison. For us, the antidote is as good as gold. …
Debt is surrounding everyone and everything and changes the financial system itself. More money moving into the stock market. Value stocks have seen more inflows and tech stocks and other growth stocks are also performing well. More money is being …
The media is so corrupt pic.twitter.com/ts4ym4mdbc — Russell 🥩☀️ (@pb1russell) May 12, 2021
神奈川沖浪裏 or The Great Wave off Kanagawa, by Katsushika Hokusai, 1831 From Birch Gold Group Inflation in the U.S. is on the rise, may have started heating up last year, and is now on the cusp of spiraling out of control. Gasoline prices pushing $5 …
Greg Hunter gives The Weekly News Wrap-Up for Friday, May 21, 2021 Israel/Hamas Truce, Fight Back Against the Jab, Inflation Coming If you think the economy is going to get back to normal now that the CV19 crisis is subsiding, you have …
by Doug French via Mises The 4.2 percent Consumer Price Index (CPI) bounce for April sent a chill through some traders and financial commentators who had expected a tamer number like a 3.6 or 3.9 percent from last year’s covid price level air pocket. …
Institutional investors are dumping bitcoin in favor of gold, reversing a recent trend that’s played out over the last two quarters, according to a new report from JPMorgan. Based on open interest in CME bitcoin futures contracts, the firm said …
by cbus20122 Throughout the lifecycle of bitcoin, I’ve heard this statement over and over again. “Bitcoin is gold for the 21st century”… “Bitcoin is protection against jpow’s printer”…. “Bitcoin prevents against USD debasement”… I have nothing against blockchain tech on …
by Arkadiusz Sieron of Sunshine Profits Gold recovered after a downward response to the surge in inflation. What’s next for the yellow metal? Gold rebounded after an initially bearish reaction to the BLS report showing that inflation soared 4.2% in April year-to-year. This means we …
