UK Household Incomes “Obliterated” By Inflation Storm As Living Standards Plunge
By Tyler Durden Living standards in Britain continue a death spiral as wages fail to outpace inflation amid soaring energy costs, according to new data….
Inflation
The Inflation Crisis Of 2022 Is Now Worse Than Anything That We Experienced During The 1970s
By Michael Snyder Most Americans don’t realize this, but we truly have entered historic territory. As you will see below, the inflation crisis of 2022…
Out Of Control Inflation Is Absolutely Eviscerating America’s Rapidly Shrinking Middle Class
By Michael Snyder I tried to warn you that the U.S. was going down the exact same path that Venezuela had already traveled. Once upon…
“Extraordinary” — US Consumer Prices Soar At Fastest In Over 40 Years
By Tyler Durden Having warned the world to expect “extraordinarily elevated” levels of inflation due to “Putin’s Price Hike,” the White House is likely in…
Inflation Protests Erupt Across Peru As President Imposes Curfew, Calls In Military
By Tyler Durden Inflation poses severe challenges for emerging market economies. The latest example is in Peru, where social unrest spreads across the country, forcing…
Price Controls Will Likely Make A Comeback — Even Though They Don’t Work
By Tyler Durden As anybody who lived through the oil crisis of the 1970s (and the stagflation that resulted) will likely tell you, using price…
German Retailers To Increase Food Prices By 20-50% On Monday
By Tyler Durden Just days after Germany reported the highest inflation in generation (with February headline CPI soaring at a 7.6% annual pace and blowing…
Sri Lanka Cabinet Offers To Resign As Out-of-Control Inflation Sparks Widespread Social Unrest
By Tyler Durden Update (1535ET): Bloomberg reports that Sri Lanka’s cabinet has submitted its resignation, a ruling party member said, amid rising public anger about…
“Inflation Tax” Will Cost Families This Many Thousands This Year, Bloomberg Analysis Warns
By Brad Polumbo Another day, another alarming inflation metric. We just got the numbers for the Personal Consumption Expenditures index (PCE), the Federal Reserve’s favored…
A Brazilian Inflation Story: How Governments ALWAYS Make It Worse
By Fabian Ommar This is a real story – a Brazilian inflation story. It’s a story not only of inflation, but also a cautionary tale of what…
Consumers Ditch Brand Names For Generic Food As Inflation, Shortages Hit Supermarkets
By Tyler Durden U.S. consumers’ loyalty to brand names at supermarkets is quickly evolving as they try new grocery products amid snarled supply chains and…
Now That EVERYBODY Knows It, DC Finally Admits That Food Shortages are a Problem
By Jeff Thompson It’s only a “conspiracy theory” until things become too blatant to ignore. Despite our being told for months now that our supply…
Shocking Numbers Show That The Middle Class In The U.S. Is Being Systematically Destroyed
By Michael Snyder People often wonder why I get so upset about inflation. Well, the truth is that there are many reasons, but one of…
An Unprecedented Wave Of Brazen Gasoline Thefts Is Unlike Anything We Have Ever Seen Before
By Michael Snyder If we are seeing this much criminal activity already, what will happen when the price of gasoline really spirals out of control? …