The Consumer Price Index rose just 0.1% for the month after declining 0.4% in June, bringing the annual rate down slightly from 3.5% to 3.4%. Core CPI rose 0.2% and declined on an annual basis from 2.6% to 2.5%. Yet inflation is not one number, and anyone looking only at 3.4% is missing what is […]

  A United Nations proposal would replace the current system of taxing each multinational subsidiary separately with a global unitary tax system. A corporation’s worldwide profits would first be combined into one total and then divided among countries according to a formula measuring where it employs workers and where its customers purchase goods and services. […]

Biden’s autopen granted Anthony Fauci a “full and unconditional pardon” for any federal offenses he may have committed or participated in from January 1, 2014, through January 19, 2025, provided they arose from his service as director of the National Institute of Allergy and Infectious Diseases, a member of the White House Coronavirus Task Force […]

QUESTION: Marty, I wanted to tell you that your Tampa conference was amazing. You really blew the doors off conventional economics. I was especially fascinated by your explanation that making too much money at a young age caused you to lose your fear of money, which ultimately allowed you to manage trillion-dollar portfolios while others […]

QUESTION: Mr. Armstrong, I understand you are deeply involved in analyzing the unfolding debt crisis in Japan, and the mainstream media rarely seems to grasp the situation the way you do. I would greatly appreciate any comments or insights you can share on what is happening here in Japan and where you believe this crisis […]

QUESTION: You have mentioned that the neocons never look beyond the end of their nose. Do they ever assess the risks correctly? Is it because they are just biased by what you have pointed out in Wolfowitz’s policy? D ANSWER: I have studied military tactics.  As I have said, my father was a colonel with […]

New York City Mayor Zohran Mamdani has decided to enter the realm of international diplomacy by threatening to arrest Israeli Prime Minister Benjamin Netanyahu should he attend the United Nations General Assembly this September. Speaking to the New York Times, Mamdani called Netanyahu “a war criminal” and declared, “Netanyahu belongs in The Hague.” He said […]

QUESTION: Are you just supporting Trump with his conspiracy theory about the 2020 election? Joshua ANSWER: The fact that the press keeps blasting Trump claiming the 2020 was not rigged and in Pennsylvania they claim Trump lost every legal challenge so that somehow proves he was wrong is just absurd. Courts are also political. Why […]

Politicians can point to a lower inflation report, but they cannot explain why Americans are standing in grocery aisles putting food back on the shelf. CNBC reports that consumers are spending less on groceries, forcing companies like PepsiCo, General Mills, Kraft Heinz, Campbell’s, and Conagra to slash prices and rely on promotions simply to move […]

New York Federal Reserve President John Williams now says inflation has likely peaked and that monetary policy is “well positioned” to bring inflation back toward the Fed’s 2% objective. Williams acknowledged inflation remains “unquestionably too high,” but argued that the worst of the tariff effects have passed, housing inflation is moderating, oil prices have peaked, […]