Blog/Inflation

US Producer Price Index Reaches 11-Year High

The US Producer Price Index (PPI) for November reached an 11-year high, according to the Labor Department. The PPI for final demand rose 0.8% in November, the index [...]

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Inflation Soared to 6.8% in November

Inflation is soaring with no end in sight. The Consumer Price Index rose 0.8% in November, marking a 6.8% increase in inflation YoY. According to the Labor [...]

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Supply Chain Shortage Killing NY Cheesecake & NY Bagels

The only thing left standing that was good about NYC was Junior’s Cheesecake. I could order it for delivery without going through Mayor Bill de Blasio’s [...]

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Is COVID Following the Economics of the Black Plague?

While just about every historical piece on the Black Plague you will read tells the story from the plague perspective. However, I look at history differently. I [...]

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Shipping Container Price Surge Will Result in Increased Prices on Consumer Goods

The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to [...]

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Thanksgiving Costs on the Rise

Expect to pay at least 14% more for this year’s Thanksgiving festivities, according to the American Farm Bureau. The bureau estimates that a feast for ten will [...]

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Why There will be no Hyperinflation

  The Next Report for the WEC Attendees is going up today so check later. We are trying to provide reports that provide all the sources and details for the [...]

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Nearly Half of Canadian Families Experiencing Some Difficulty Affording Food

We reported that food prices are on the rise in Canada and worldwide. A recent survey (n= 5,011) shows the impact inflation is having on Canadian families. [...]

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Powell on the “Economic Exit from the Pandemic”

At last, Federal Reserve Chairman Jerome Powell has begun speaking independently as he departs from the Biden agenda. Former President Trump and Powell notoriously [...]

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Meat Prices on the Rise

(Image from Statistics Canada: Prices for meat products rise year over year in September) Canada’s CPI rose 4.4% YoY this September, according to Statistics [...]

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