Our Economy Is Starting To Break Down On A Very Basic Level
By Michael Snyder Do you remember how much optimism there was last January? Many Americans were entirely convinced that really bright days were just around…
Inflation
Breakfast Inflation Strikes As Oat Prices Hit Record Highs
By Tyler Durden Americans who are accustomed to a bowl of cereal as their go-to breakfast meal are about to experience a price increase because…
The Global Energy Crisis Is Going To Take “The Everything Shortage” To An Entirely New Level
By Michael Snyder This is going to be one tough winter. On top of everything else we are facing, a very alarming energy crisis is…
Global Food Prices Hit Fresh Decade High
By Tyler Durden Global food prices are outrageously high, and things don’t look to be changing anytime soon. Early Thursday, Rome-based Food and Agriculture Organization…
“Shortages” Aren’t Causing Inflation. Money Creation Is.
By Mihai Macovei For central bankers and mainstream analysts the recent inflation outburst is only a transitory phenomenon which has nothing or very little to…
Used Car Prices Hit Record High As Dealership Inventory At Historic Low
By Tyler Durden Wholesale used car prices rose to an all-time high in September as inventories at dealerships remain at historically low levels, given the…
Homeownership Is The Least Affordable Since 2008 With Shelter Inflation About To Explode
By Tyler Durden Yesterday we asked a rhetorical question: how can (record high) home prices be rising so fast that housing is both unaffordable and…
Will The Holiday Season Be “Ruined” By The Global Supply Chain Crisis?
By Michael Snyder Is this going to be the worst holiday season in modern American history? Some mainstream news outlets are insisting that the upcoming…
The Inflation Tax Is Bearing Down on Investors Too
By Stefan Gleason The post-COVID inflation surge that was supposed to be “transitory” is looking a lot more permanent. On Friday, the Bureau of Economic…
Inflation-Loving Governments Are Now Blaming Private Businesses for Inflation
By Daniel Lacalle Last week, Ned Davis Research published a note titled “Turns Out, Growth Looks like It Was Transitory—Inflation Is More Sticky.” There are…
Inflation Hits 30-Year High According to This Key Metric
By Brad Polumbo Left-leaning media coverage has in recent weeks pushed the narrative that inflation is fading. But shocking new inflation numbers released today blow…
T-Shirt And Jean Inflation Coming With Decade High Cotton Prices
By Tyler Durden Cotton futures in New York are squeezing higher, racing past $1 per pound for the first time in a decade as adverse…
The Biggest Federal Reserve Scandal
By Ron Paul Following revelations that Federal Reserve officials made trades in financial assets while the Fed was taking extraordinary efforts to “stimulate” the economy,…
“Not Transitory” — US CEOs Warn Inflation Is “Unprecedented” And Becoming “Structural”
By Tyler Durden Some of the biggest names in business virtually attended the annual Morgan Stanley Laguna conference last week and warned about the complex…