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Tag: Inflation

American Households Hold Record Debt Q1 2024

The New York Federal Reserve reported that American households set a new record after plummeting into $17.69 trillion of debt, a 1.1% ($184 billion) increase from...

Over Half of New IRS Audits Targeted the Middle Class

Washington’s reckless spending comes with a cost to US taxpayers. While the fed may simply roll over their debt and issue new debt to pay off the old, the...

Value Clients Exiled from Fast Food Chains

Blue states that implemented minimum wage hikes are seeing a drastic rise in food prices. Fast food chains like McDonald’s, Chick-fil-A, Chipotle Jack in the Box,...

US Home Prices Nearing All-Time Highs

Home prices in the US are near all-time highs. As I repeatedly stated, we can no longer look at real estate on the national level. Demand and value are contained to...

Jerome Powell on Stagflation

“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be...

Global Taxation – Proposal to Fight Climate Change and Poverty

Finance ministers from France and Brazil are urging the G20 to implement a minimum 2% tax on billionaires in an effort to fight climate change and poverty. Everyone...

Public Sector Multiplying – Skewed Jobs Report

Fed Chairman Jerome Powell essentially said he was unimpressed by the “strong” jobs report, and it certainly was not enough for the central bank to even...

Why We Cannot Reach the Fed’s 2% Inflation Target

The Consumer Price Index (CPI) released on April 10 by the US Bureau of Labor Statistics reported that inflation rose by 0.4% on a monthly basis and by 3.5% on the...

Imagine Waking from an 8-Year Coma – Reflections from the Last ECM Wave

The year 2015 was not long ago, and yet the entire world economy has changed. Central banks mismanaged monetary policy through arbitrarily low interest rates and...

Collective Debt – We Must All Pay for Student Loans

Biden is destroying the financial future of generations with his reckless spending in an attempt to buy votes. Fed Chair Powell nearly admitted it in his interview...