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Tag: Inflation

Red Hot Rentals

Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing....

Eurozone Inflation and ECB Incompetence

According to Eurostat, the European Union statistics company, inflation in Europe rose to a new all-time high in March after advancing by 7.5%. This surpassed the...

White House Ignores Inflation

No one expected the recent 25-basis point rise in rates to curb inflation in a meaningful way. There are numerous variables contributing to this situation that are...

One in Five of Americans Broke Before Payday

Inflation is at a 40-year high with no indication of slowing. People are feeling the lower buying power of the USD as one in five Americans now run out of liquid...

80% of Car Buyers Now Pay Above MSRP

Owning a car is quickly becoming a luxury as prices soar. The auto parts and chip shortage paired with the supply chain crisis has caused demand to surpass...

US Household Debt Rises by $1 Trillion

Household debt in the US spiked to the highest level since 2007. According to the Federal Reserve Bank of New York, Americans accumulated an additional $1 trillion...

Biden: “What a Stupid Son of a…”

Remember two weeks ago when President Joe Biden called Fox News reporter Peter Doocy a “stupid son of a b****” for asking about inflation? “Will...

Inflation Reaches 40-Year High at 7.5%

The price of living in America is completely unsustainable. Inflation soared in January by 7.5%, marking the fastest pace of price gains since February 1982 when...

Shrinkflation

Shrinkflation is here to stay now that inflation has reached a 39-year high. It will be impossible for the Fed to tame the monster politicians have unleashed by...

Inflation in South Korea Rises 3.6% to 10-Year High

Inflation is soaring worldwide. South Korea experienced a near 10-year high in inflation this January after prices spiked 3.6% YoY. This is the tenth consecutive...