Dr. John Reizer Americans want to blame inflation on everything under the sun except the real reason it occurs. Inflation (the American dollar is not worth what it used to be) is caused by the Federal Reserve printing more and more money that is not backed by tangible valuables. In most instances, we are talking…
Tag: inflation
Biden Goes Blank After Damning Question About Inflation
(TheLibertyRevolution.com)- The Ocean Shipping Reform Act of 2022 was signed into law by Brain-Dead Biden on Thursday to remedy the problem with the supply chain that he triggered. Following the bill’s signing into law, Brain-Dead Biden stared flatly at a reporter who asked him why he hadn’t sanctioned Yelena Baturina, the Russian tycoon who wired…
Fed needs ‘deft’ policy to get inflation down: Expert
Moody’s Analytics chief economist Mark Zandi says Illegitimate President Biden doesn’t have ‘a lot of tools in the toolkit’ to get inflation down to where it needs to be.
The Biden admin has been an ‘obstacle’ towards fighting inflation: Steve Forbes
32 Advisors founder and CEO Robert Wolf and Forbes Media chairman Steve Forbes weigh in on Biden’s handling of the United States’ inflation crisis on ‘Fox Business Tonight.’ #FOXBusiness #Fox Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news…
IT’S A TRAP: Biden’s Federal Gas Tax Holiday Could Make Inflation Much Worse
Rejuvenate Your Hair, Nails, Joints, & Skin Here http://healthwithgary.com This is my FAV trusted source ^^^^ Read More: https://nextnewsnetwork.com/2022/06/22/bidens-proposed-federal-gas-tax-holiday-could-make-inflation-worse/ Sub To The Channel: http://nnn.is/Sub-to-N3 Get On Our Email List: http://nnn.is/email-newsletter-next-news Rich Crankshaw From NextNewsNetwork.com Reports, One idea that Biden wants to try is a “federal gas tax holiday.” He’s been talking about it lately, and…
Yellen and Fed acknowledge soaring inflation will last well beyond midterm elections
Federal Reserve Chairwoman Janet Yellen has shrugged off falling inflation in recent months, predicting that it will “stabilize” in future months as unemployment keeps falling and the economy continues to grow. (AP Photo/Jacquelyn Martin) Jacquelyn Martin Yellen and Fed acknowledge soaring inflation will last well beyond midterm elections Zachary Halaschak June 20, 04:24 PM June…
The Gas Inflation Crisis Is Far From Over – Where Will Prices Finally Stop?
By Brandon Smith After a single Federal Reserve rate hike of 75bps I am noticing a trend among mainstream economists whipping out their crystal balls and predicting an almost immediate reversion to deflationary conditions. In their view, a recession will “balance everything out.” For most of these people I would suggest that they keep their…
Interest Rate Hikes vs. Inflation Rate, by Country
Interest Rate Hikes vs. Inflation Rate, by Country Imagine today’s high inflation like a car speeding down a hill. In order to slow it down, you need to hit the brakes. In this case, the “brakes” are interest rate hikes intended to slow spending. However, some central banks are hitting the brakes faster than others….
Wolfgang Puck: I ‘hate’ restaurant inflation charges
Celebrity chef and restaurateur Wolfgang Puck says he’s against billing customers inflation fees, and argues restaurants should ‘be smart’ in passing on price hikes. #FOXBusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across…
Inflation causing more Americans to be nervous about their savings
(ZEROHEDGE) – Rapidly rising high inflation rates are causing Americans to feel insecure about dipping into their emergency savings, according to a June 23 survey from Bankrate.com. The rise in everyday living expenses due to inflation throughout the country has forced Americans to reassess their household budgets. Inflation in May hit a 40-year historic high,…
Mid-Market Update: Stocks rally on easing inflation expectations and Bullard’s optimism, Oil rallies, Gold remains a choppy trade, Bitcoin edges higher
US stocks are rallying after a key survey showed inflation expectations are easing and following Fed Bullard’s optimistic comments about the economy. Hopes that inflation is peaking and that the economy is still on solid footing has some investors confidently buying up heavily discounted stocks. It seems Wall Street is starting to believe that even…
Inflation will ‘go away’ if Biden does this: NYC billionaire
Red Apple Group Chairman and CEO John Catsimatidis provides insight into how Biden is handling record-high gas prices amid inflation. #foxbusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact…
Inflation eats into eurozone business activity
Growth in eurozone business activity suffered a sharp slowdown in June, according to a closely watched survey of companies, intensifying concerns that the fallout from Russia’s invasion of Ukraine could drag the bloc into recession. S&P Global said its flash eurozone composite purchasing managers’ index, which takes the pulse of business activity, fell to a…
Omicron: Biden-Caused Supply Chain Interruptions, Food Shortages, Inflation – All Part of the Plandemic
This story is more about what lies beneath. It’s not the pain at the pump you should be worried about. In the days ahead, the New World Order thugs will starve working class citizens to the point of desperation in order to implement their ungodly system of a one-world currency and global domination. SRH: At…
UMich Inflation Expectations Ease, Sentiment Hits All-Time-Low
UMich Inflation Expectations Ease, Sentiment Hits All-Time-Low While the headline sentiment reading from The University of Michigan’s survey made all the headlines – hitting a record low in preliminary June data – it was Fed Chair Powell’s later reflection on the inflation expectations breakout that has most trader’s attention focus in today’s final June print….
Fed Chair warns government debt is on an ‘unsustainable path’ and that he ‘underestimated’ the threat of inflation
Federal Reserve chair Jerome Powell admitted Thursday that the United States’ booming debt isn’t sustainable and that the Biden administration grossly “underestimate[d]” inflation. Speaking before the House Financial Services Committee, he made the first admission in response to a line of questioning from North Carolina Rep. Ted Budd, a Republican. “We’re not on a sustainable…
Inflation Is Causing More Americans To Be Nervous About Their Savings
Inflation Is Causing More Americans To Be Nervous About Their Savings Authored by Bryan Jung via The Epoch Times, Rapidly rising high inflation rates are causing Americans to feel insecure about dipping into their emergency savings, according to a June 23 survey from Bankrate.com. The rise in everyday living expenses due to inflation throughout the country…
Eurozone central bank chiefs warn on soaring inflation expectations
The heads of the French and German central banks have said companies and households increasingly believe prices will continue to soar, raising the chances that inflation in the eurozone’s two largest economies will remain uncomfortably high in the coming years. Businesses and consumers in Germany and France expect inflation to be higher for longer than…
How Could Oil Price and Policy Rate Hikes Affect the Near-Term Inflation Outlook?
Jan J. J. Groen and Adam I. Noble Since the start of the year, oil prices have risen sharply owing to worsening expectations regarding global oil supply. We’ve also had an acceleration of inflation in the United States and the euro area, as well as a sharp steepening of the expected paths of policy rates…
Inflation runs amok! An infographic
Just a year ago, inflation appeared under control. Published annual consumer price rises stood at 2% in the eurozone and 5% in the US, which was higher than normal. The US Federal Reserve dismissed concerns, saying price rises reflected “transitory factors.” What has happened since has surprised all the main advanced economy central banks….
WaPo Finance columnist on inflation: ‘You’ve got to stop complaining’
Fox News national correspondent Bill Melugin covers the left and the media’s underwhelming response to skyrocketing inflation affecting American families on ‘Tucker Carlson Tonight.’ #foxnews #tucker #tuckercarlsontonight Subscribe to Fox News! https://bit.ly/2vaBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering…
The Other Inflation Inflated grades and lowered standards, often in the name of “equity,” are destroying educational excellence from kindergarten through college. Wai Wah Chin
https://www.city-journal.org/grade-inflation-equity-and-educational-integrity People these days worry about the rising prices of gasoline and milk, but there’s another destructive inflation that has gone unchecked for years: grade inflation. Just like monetary inflation, which makes your bank account look great until you’re rudely awakened by the reality that you can’t buy as much as you used to, grade…
Fed Confronts a ‘New World’ of Inflation
Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly and surprisingly rapid — a bout of economic soul-searching that could have big implications for the American economy. For years, Fed policymakers had a playbook for handling inflation surprises: They mostly ignored disruptions to the supply of…
Is Anybody Actually Believing Biden Narrative That Inflation and Gas Prices Don’t Really Hurt You?
This narrative reminds me of a story my father once told me. A young boy was going to the store downtown when he ran into the town’s busy body. She said hello and asked him how his father was. The boy replied that his father was sick. The busy body told the boy that his…
Greg Hunter’s USAWatchDog — Dem Desperation, were they Vaxed, Biden Inflation
Dem Desperation, Were They Vaxed, Biden Inflation By Greg Hunter’s USAWatchdog.com (WNW 535 6.24.22) The economy is so bad, and inflation is so high, that the Democrat National Committee (DNC) is worrying more about retaining Democrats than cultivation of new voters for the mid-terms this fall. A new poll shows a majority of Democrats say Biden is…
Economist: America About to Enter Next Stage of Inflation, Which Will Be so Much Worse
An expert economist warned that the United States’ inflation crisis is about to enter a new stage and the economy will become even more precarious. Inflation is already at a 40-year record-high, according to the Department of Labor‘s Consumer Price Index for May. Secretary of the Treasury Janet Yellen is already warning that high inflation is likely to stick…
Dem Desperation, Were They Vaxed, Biden Inflation
By Greg Hunter’s USAWatchdog.com (WNW 535 6.24.22) The economy is so bad, and inflation is so high, that the Democrat National Committee (DNC) is worrying more about retaining Democrats than cultivation of new voters for the mid-terms this fall. A new poll shows a majority of Democrats say Biden is responsible for the inflation we…
Theresa Tam Gets Massive Raise While Canadians Struggle to Keep Up With Inflation
By The Counter Signal While historic inflation levels are outpacing most Canadians’ salaries, Tam will be collecting $324,000 a year from taxpayers’ pockets. Blacklock’s Reporter was the first to break the story that the cabinet approved the $59,400 pay hike. Before the raise, Tam made $265,000 a year just to do her job. The bump…
Earn 9.62% Interest On Your Savings GUARANTEED: ‘Inflation Protection’ Bond Soars to Record Levels
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What Fed Chair Powell has said about inflation, interest rates and the risk of a recession.
Jerome H. Powell, the chair of the Federal Reserve, is appearing before the House financial services committee on Thursday, after testifying in the Senate on Wednesday about the central bank’s efforts to bring inflation under control. Notably, Mr. Powell said that while the Fed was trying to avoid it, a recession was “certainly a possibility.”…
WATCH: Fed Chairman Throws Cold Water on Biden’s Favorite Inflation Excuse
For months, President Brain-Dead Biden has blamed Russia’s war in Ukraine for the United States’ record-high inflation, calling it “Putin’s Price Hike.” Unfortunately for the White House, however, Federal Reserve chairman Jerome Powell just shot down this theory. “Inflation was high before—certainly before the war in Ukraine broke out,” Powell said Wednesday during a Senate…
Food Inflation Is The Litmus Test
Food Inflation Is The Litmus Test By Russell Clark published on the Capital Flows and Asset Markets substack The original cause of food inflation was African Swine Flu (ASF) that sent Chinese pig prices soaring, and incentivised Chinese farmers to import grain. However, with the rebuilding of the pig herd in China, pork prices have…
Inflation Is A Major Problem – An Even Bigger Problem Is The Price Level
By Erik Randolph for RealClearPolicy The May Consumer Price Index (CPI) inflation rate came in hotter than expected, and the ripple effects are spreading far and wide. But by focusing so much on the inflation rate, we’re missing the bigger picture. The larger story is that all of this inflation is setting a new price level,…
Larry Summers warns unemployment must rise to cool inflation
Larry Summers says the unemployment rate will likely rise much higher as the Fed tightens policy. Getty Images Thomas Barraby New York Post Ex-Treasury Secretary Larry Summers warned that millions of currently employed Americans must lose their jobs in order for the Federal Reserve to succeed in its bid to cool inflation. Summers, an outspoken…
Complacency led policymakers to misdiagnose inflation
A year ago, inflation appeared under control. Published annual consumer price rises stood at 2 per cent in the eurozone and 2.1 per cent for the UK in May 2021. The 5 per cent figure for the US was higher than normal, but the Federal Reserve dismissed concerns, saying price rises reflected “transitory factors” with…
Airhead Joy Behar Asks WH Spox About Making ‘The Case’ Inflation, Gas Prices Are Not Joe Biden’s ‘Fault’ — She Points to the ‘Global Challenge’
“The View” co-host Airhead Joy Behar wants to know from White House Press Secretary Liberal Black Lesbian, Karine Jean-Pierre how the administration makes Americans believe issues they’re facing are not President Joe Biden’s fault. “The case has been made that inflation is an intractable problem around the world. We talk about it here all the time, and not just…
Fed Chair: Putin Not Primary Reason For High Inflation. Then Biden Whines Again About ‘Putin’s Price Hike’
On the heels of Federal Reserve Chair Jerome Powell admitting Russian President Vladimir Putin’s invasion of Ukraine was not the primary driver of inflation in America, Illegitimate President Biden attempted to shift the blame for inflation on someone else, whining on Twitter again about “Putin’s Price Hike.” Powell spoke on Wednesday before the Senate Banking Committee,…
Inflation Is Hitting the Middle Class Especially Hard
New research suggests that the middle class is being hit harder by inflation than the very rich — or the very poor. If you’ve spent any time browsing for cars or even just filling up your gas tank, you’ll have a good idea why this is so. Far from being “transitory” as policymakers initially expected,…
The Return of the Anguish of Central Banking: Why the Fed and Inflation Go Hand in Hand
(The following text is a revised update of an article that was first published in 2005.) The recent outbreak of price inflation with the jump to an annual rate of 8.6 percent in May 2022 came as a surprise to the US central bank (the Federal Reserve). Having ignored the warnings of the Austrian school…
Inflation in Canada nears 40-year high
The consumer price index accelerated to 7.7% in May, official data shows Canadian consumer prices rose in May at rates not seen since January 1983, surging past analysts’ forecasts, data from Statistics Canada shows. The growth was largely driven by higher gasoline prices. According to the report, the consumer price index surged 7.7% last month…
Fed officials pledge ‘unconditional’ dedication to lowering inflation.
Federal Reserve officials signaled a deep commitment to wrestling down the highest inflation in more than four decades, even as supply disruptions that are largely outside of their control help to push prices sharply higher. Jerome H. Powell, the Fed chair, called the central bank’s commitment to bringing price increases under control “unconditional” while testifying…
Milk Prices Set To Go Up Another 2.5% Due To Inflation
The Canadian Dairy Commission (CDC) has approved a second milk price increase this year to help offset increased production costs due to inflation. The recommended farm gate milk price rise beginning September 1 is $1.92/hl or less than 2 cents per liter. This will mean a 2.5% increase, on average, in the price of milk…
German Inflation Surges 33.6% Among Producers in May, Highest Level in Over 70 Years
The following article, German Inflation Surges 33.6% Among Producers in May, Highest Level in Over 70 Years, was first published on Big League Politics. The inflation rate of producer prices for industrial products in Germany soared to 33.6 percent year-over-year from May 2021. They have hit a new record high every month since December 2021….
Canada’s Inflation Rate Hits 7.7%, The Highest Level Since 1983
Canada’s annual inflation rate reached 7.7% in May, its highest level since January 1983 and above economist expectations for a 7.3% annualized increase. May’s year-over-year inflation reading was up from 6.8% in April, according to Statistics Canada. Inflation rose 1.4% on a monthly basis between April and May, with gasoline and car prices among the…
The Inflation Solutions Are Even Worse Than The Problem
The Inflation Solutions Are Even Worse Than The Problem Authored by Michael Maharrey via SchiffGold.com, As Americans labor under the burden of inflation, the Biden administration keeps telling us the economy is just fine. White House press secretary Liberal Black Lesbian, Karine Jean-Pierre recently said we are “transitioning” to “steady and stable growth.” As a result, she claims the…
Inflation drives surge in interest payments on UK public debt
Interest payments on UK government debt hit one of the highest levels on record last month as rising inflation limited an expected fall in public sector borrowing. Interest costs rose to £7.6bn in May, up 70 per cent from last year and higher than the £5.1bn forecast by the independent fiscal watchdog, following a rapid…
Biden Appointed Fed Chairman Destroys Biden’s Myth of Putin Inflation
Fed Chairman Jerome Powell will get a talking to over the next couple of days because he committed the crime of being honest. He was asked about Biden’s contention that the invasion of Ukraine was responsible for inflation. Powell commented that inflation began well before the invasion. Trump handed Biden an inflation rate of 12.4%…
Why wage-price spirals fuel inflation – and neither the Keynesians or the Monetarists are completely right
The Prime Minister has raised the spectre of a wage-price spiral as a way of justifying the Government’s opposition to wage increases for strikers. For Conservatives of a certain vintage, it is a helpful bogeyman: nobody wants a return to 1970s-style wage and prices controls negotiated between the Government and the unions, especially if it…
Americans tune out Pelosi’s J6 spectacle as inflation, recession fears dominate public opinion: Poll
You would never know from the breathless media coverage, but Americans are largely not paying attention to Nancy Pelosi’s (D-CA) Jan. 6 dog and pony show, a new ABC/Ipsos poll found. With inflation and fears of a recession dominating public opinion, just 9% of Americans are tuning in to the Jan. 6 hearings closely, Breitbart…
Black Horse In Play: Inflation Tribulation – Household Income Will Be Swallowed Up by Higher Prices
Newsletter Name Please enter your name. Email Address Please enter a valid email address. Subscribe! Thanks for subscribing! Please check your email for further instructions. Something went wrong. Please check your entries and try again. Support Orphans Support The 127.org One Orphans’s Story Editor’s Bio A Thrilling Ride Every once in awhile, a book comes…
In the Midst of the Food Inflation Crisis, the Largest UK Supermarket Warns That “The Worst Is Yet to Come
“The Worst Is Yet to Come” on Food Inflation as the Cost-of-Living Crisis Pulverizes the Working Poor in “The Worst Is Yet to Come” on Food Inflation as the Cost-of-Living Crisis Pulverizes the Working Poor in “The Worst Is Yet to Come” As the cost-of-living crisis pulverizes the working poor, Britain’s leading grocery chain warns…