40% Of Californians Are Considering Moving To Another State Due To Cost Of Living
By Tyler Durden Just when you though the exodus from California to places like Florida and Texas may have slowed…you can guess again. That’s because…
Inflation
Restaurants Face Unappetizing Slowdown As Consumers Buckle Amid Two-Year Inflation Storm
By Tyler Durden Two years of negative real wage growth, depleted savings, mounting credit card debt, and soaring interest rate payments put pressure on consumers’…
Global Central Banks Are Badly Losing Their War Against Food Inflation
By Michael Snyder Even though central banks all over the world have been raising interest rates in recent months, food prices just continue to go…
Default by Inflation Is the Real Drama in the Global Debt Market
By Brendan Brown The real drama of default in global markets has not been the federal debt ceiling negotiations in Washington but the write-off by…
Inflation End Game: “Everyone Pays and No One Benefits”
By Clint Siegner Everyone loves an early inflation. The effects at the beginning of an inflation are all good. There is steepened money expansion, rising…
Americans Say Families Need $85,000 To Get By, Up From $58,000 In 2013
By Mary Claire Evans Americans, on average, estimate that a family of four needs a minimum income of $85,000 annually to “get by” in their…
2023: Echoes of 1973
By Charles Hugh Smith So what’s changed? Everything, but mostly beneath the surface churn of circus and theater. 2023 is echoing 1973 in potentially consequential…
Battered By Inflation, 90 Million Americans Struggle Paying Bills As Credit Card Usage Spikes
By Tyler Durden A large swath of American consumers are facing financial hardship as they grapple with elevated living costs, record-high credit card use, and…
Economic Despair Is Rapidly Spreading As The Cost Of Living Rises To Extremely Oppressive Levels
By Michael Snyder This new economic downturn is starting to bite, and we are starting to see signs of severe pain all over the nation. …
Food Insecurity in the U.S. May be Worse Than Anyone Thinks, Study Reveals
By Jocelyn Solis-Moreira More people are having trouble getting food on the table, according to a recent study. While food insecurity is a growing concern…
Soaring Cost Of English Breakfast Shell-Shocks Consumers
By Tyler Durden In March, UK inflation continued to hover in the double-digit range as households grappled with the persistently high cost of living. Among…
A $300,000 Salary Feels Like $100,000 In These U.S. Cities
By Tyler Durden Today in “why, again, do we need inflation?” news, a brand new study by SmartAsset reveals that in several U.S. cities, earning as…
Real Wages Fall for Two Years Straight as “Transitory” Inflation Turns Stubborn
By Ryan McMaken The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data last week, and according to the report, price inflation during the…
New Wave Of Inflation-Driven Strikes Cripples German Air, Rail, Bus Transportation
By Tyler Durden Germany continues to be rocked by disruptive strikes against its entire transportation networks, as workers demand large pay hikes to help offset…