US Food Banks Struggle To Feed Hungry Amid “Perfect Storm” Of Food Inflation
By Tyler Durden America’s largest food bank struggles to feed people amid a perfect storm of surging food prices and supply chain woes. Katie Fitzgerald,…
Inflation
Ferocious Inflation Showing Up in Most Goods & Services
By Mike Gleason Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Gold and silver markets are registering big breakouts this week as the…
US Consumer Prices Are Soaring At Their Fastest Rate In 40 Years
By Tyler Durden Following yesterday’s US PPI print at record highs, overnight we saw Chinese producer prices rising at their fastest pace in 26 years,…
Used Vehicle Prices Hyperinflate As Inflation Begins To Spiral Out Of Control All Over America
By Michael Snyder It turns out that all of the “doom and gloomers” who were warning that we would eventually experience nightmarish inflation were right…
Here’s Why U.S. Supply Chain Problems Will Only Get Worse
By Brandon Smith It is an economic rule which free market philosophers like Adam Smith have tried to explain to governments and monopolists for centuries:…
Fed’s Stunning Inflation Abdication; Gold Gearing Up
By Stefan Gleason When will precious metals markets finally make their move? It’s a question that has frustrated many investors in 2021. Gold and silver…
The Federal Reserve’s Assault on Savers Continues
By Murray Sabrin The front-page headline in the Wall Street Journal on October 14 says it all, “Inflation Is Back at Highest in over a Decade.” The…
Venezuelans Turn to Gold Nuggets as the Local Currency Implodes
By Joseph Salerno The Venezuelan government recently lopped off six zeros from its hyperinflating currency, the bolivar. The highest denomination currency note of 1 million bolivars, worth less…
Is It Time To Start Talking About Hyperinflation?
By Michael Snyder Our leaders have been creating, borrowing and spending dollars at a pace that is far beyond anything that we have ever seen…
Edible Oil Prices Hit Record High As Food Inflation Treat Soars
By Tyler Durden Prices of edible oils have been rising across the world. Palm oil, the world’s most consumed vegetable oil, surged to a new…
Dollar Tree Loses its 35-Year War with Inflation
By Peter Jacobsen Inflation has ruined one of my go-to examples for my macroeconomics students. Whenever I discuss inflation with my students, I test their…
Prices of Nearly Everything Now Surging
By Mike Gleason Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. A big week for precious metals markets as inflation pressures push consumer…
Americans Are Going To Be Absolutely Shocked By The Empty Shelves They See
By Michael Snyder If you believe that America is headed into a new golden age of prosperity, you are getting lonelier with each passing day,…
Now A U.S. Government Official Is Telling Us That The Supply Chain Nightmares Could Potentially Last For “Years”
By Michael Snyder The truth is starting to come out, and a lot of people aren’t going to like it. When the supply chain problems…