by Adam Taggart Do you feel like no matter how hard you work, it’s harder and harder to get ahead? There’s a good explanation for that. And it’s maddening. The government intentionally & dramatically underreports the true cost of living, …
https://twitter.com/OccupyWisdom/status/1121847741586518016 https://twitter.com/OccupyWisdom/status/1121842316447309824
From Birch Gold Group Long-term Social Security has a shortfall of $43 trillion (officially reported by the Board of Trustees), and an imminent benefit cut of 25% by 2034. Despite these sobering facts, Social Security raised benefits for 8 million recipients by 2.8%, effective January …
by Jesse Colombo In the financial world, those who subscribe to the contrarian school of thought (including myself) keep an eye out for certain cues or indications that a trend has become overcrowded and is nearing its end. Some examples …
via @Schuldensuehner: an excessively low cost of capital allowed zombies to survive, and depressed prices. Outrageously easy monetary policies would become the Hotel California of central banking.
We can look at fake statistics but Disney probably has something more entertaining. What’s your opinion on the inflation rate. It’s certainly arguable but would you agree that the number that they provide is very low for most people? We …
BY JOHN RUBINO There was a time when “price stability” – that is, money that buys the same amount of stuff every year – was considered a good thing. But as debts began to pile up around the world, it became …
by Jesse Colombo A very dangerous fallacy has taken the world of economics by storm over the last several years: the idea that there is very little inflation in the U.S. economy, therefore interest rates should remain at unusually low …
by Shaun Richards A feature of the credit crunch era is the repetition of various suggestions from governments and central banks. One example of this has been the issue of Eurobonds which invariably has a lifespan until the nearest German …
by WARREN MOSLER So the question is regarding dividends vs stock buy backs- do stock buy backs cause stocks to be over valued or do dividends cause them to be undervalued? 😉 A Surprising Connection Between the Bull Market and …
by Martin Armstrong QUESTION: Mr. Armstrong; you were friends with Milton Friedman. Do you agree with his view that the Great Depression was caused in part by the Fed refusing to expand the money supply? Isn’t Quantitative Easing expanding the money …
by confoundedinterest17 Fed Chair Jerome Powell is singing “Take it easy.’ The Federal Reserve risks stoking the same sort of asset bubbles that Chairman Jerome Powell has linked to the last two recessions with its new-found eagerness to fan inflation. The Fed’s …
via bracingviews: Missile Envy W.J. Astore I grew up on a steady diet of threat inflation. Before I was born, bomber and missile “gaps” had been falsely touted as showing the Soviet Union was ahead of the U.S. in developing nuclear-capable …
by Simon Black Maximilian Bern had saved up 100,000 German marks for what should have been a modest, but comfortable retirement. But in 1923, he withdrew every last cent, and spent it all on one purchase: a subway ticket. He rode …
Four time best-selling author Jim Rickards says “The time to buy gold is when sentiment is low and people hate it. . . . So, the bull market is intact.” We are in the fourth year. Bull markets start off …
by Charles Hugh-Smith The soaring cost of services is driven by a number of factors. What will the future bring: fire (inflation) or ice (deflation)? The short answer: both, but in very different doses. Goods that are tradeable and exposed to technologically driven …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But then there’s the “average transaction price.” A new 2019 Ford Taurus, with a sticker price “starting at” $27,800, is a better car in myriad ways than a new 1996 Taurus was at the time, with …
By David Stockman BLS Price Index For New Vehicles—–0% Rise In 20 Years Actual USA Transaction Prices: Up 20% In 10 Years
from Jason Hartman’s Creating Wealth Jason Hartman takes today’s episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to …
From Birch Gold Group Some are under the impression that gold’s performance in the U.S. is not as good as it should be, considering we had a rather uncertain year last year. In the U.S., even economists who favor the dollar gold …
by Shaun Richards It is time for us to dip back into the data in the UK economy as we look at retail sales, But before we get there we have seen another development and it has come from UK …
via NYT: KADI, India — Vikram Singh is accustomed to life under the tyranny of elements he cannot control, from rains that do not fall to insects that tear at his crops. Lately one unchanging trouble is plaguing his family …
by Shaun Richards Today brings the latest UK official inflation data into focus. However the last 24 hours have brought another shift in the environment because the crude oil price had another of those days when it took something of …
by John Rubino Alasdair Macleod on the coming “inflationary credit crisis” … Bill Black: Deutsche Bank is a criminal enterprise that might bring down the global financial system … Jim Rickards explains the coming “monetary reset” … Peter Schiff: “We’re …
Money manager Michael Pento says things are going to get much worse from here. Pento explains, “They understand when the stock market goes down, consumption and the wealth effect crumble, and the economy is going to falter. So, they are …
by Shaun Richards This weekend has seen a further escalation in the Gilet Jaune or yellow jacket protest in France. This has so unsettled Bloomberg that it is running a piece suggesting it could happen in the UK perhaps as …
by John Rubino Peter Schiff: “We’ll have to finance this debt the old fashioned way, though inflation – just like any other banana republic” … Catherine Austin Fitts: “Always have enough gold to bribe the border guards” … Chris Hedges: …
Do you think we will see DEFLATION or INFLATION first? The next financial crisis will be much worse than 2008. It’s simple to understand why. We have decided not to fix the issues which were exposed in 2008 and instead …
