US Consumer Prices Blow Away Expectations, Rise For 27th Straight Month
By Tyler Durden “We saw this tug of war between goods moderating and services remaining strong. This is not a tug of war. They both…
Inflation
Cash Handouts To Canadians Could Spark “Inflationary Fire,” Economists Warn
By Tyler Durden While the Bank of Canada is locked in a period of oversized interest rate increases to combat the highest inflation since the early 1980s,…
Summer Is Nearly Over, The Fall Is Almost Here, And Winter Is Coming…
By Michael Snyder I have been hearing from so many people who have a really bad feeling about what the months ahead will bring. Global…
“The Straw That Breaks The Market’s Back”: The Fed Must Do $3.9 Trillion In QT To Control Inflation… Which It Can’t Possibly Do
By Tyler Durden Starting with first principles, there is one thing that almost all traders can agree on and it is that, sooner or later,…
“Worse Than Couple Years Ago:” Food Bank Demand Spikes As Inflation Wrecks Households
By Tyler Durden The last time we showed readers the North Texas Food Bank (NTFB) was nearly two years ago, during the early days of the virus…
Fed Admits It CAN’T Tame Inflation, Promises More Economic Pain Anyway
By Stefan Gleason Federal Reserve chairman Jerome Powell is talking tough and warning of more interest-rate pain to come. At the same time, Fed officials…
828 Million People Go To Bed Hungry Each Night, And That Number Will Soon Be Much, Much Higher
By Michael Snyder Will you go to bed hungry tonight? Probably not. Most of my readers are in the Western world, and for now just…
20 Million US Homes Are Behind On Power Bills
The cumulative pressure brought by anti-energy Technocrats is succeeding at the gas pump and households. Since the early 1930s, Technocracy has demanded absolute control over…
Citi Issues Apocalyptic Warning About UK Inflation; German Central Bank Fears Further Surge In Prices
By Tyler Durden A startling new report forecasts the inflation rate in the UK could spike to 18% for the first time in nearly half…
The SHTF Is Happening RIGHT NOW
By Daisy Luther We’ve posted articles before on this website about the slow-burning SHTF that we’re witnessing here and here. Years ago, in 2016, I wrote about the economic crisis…
NYC Rental Market Sets A “Record Number Of Records”
By Tyler Durden Let’s revisit our housing note from mid-April, “Not A Peak” – Manhattan Apartment Rents Hit Another Record High, correctly pointing out how rent…
German Official Trashes Cost Of Living Protesters As “Enemies Of The State”
By Paul Joseph Watson A top German official has trashed people who may be planning to protest against energy blackouts as “enemies of the state”…
Overconfident? Companies Raise Prices of Electric Vehicles More than New Federal EV Taxpayer Subsidy
By B.N. Frank Research has determined that many Americans still aren’t interested in investing in Electric Vehicles (EVs). Who can blame them? EVs have been…
Joe Biden’s Inflation Reduction Act “Secretly” Brought To You By Bill Gates
By Tyler Durden The Democrats’ “Inflation Reduction Act” – which according to the Congressional Budget Office will raise taxes on the middle class to the…