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Tag: Inflation

Credit Card Debt on the Rise

Credit card debt in the US spiked to its highest quarterly level in Q4 2022 after increasing by $85.8 billion. The average American household has about $10,000 in...

Supply Chain Crisis and Inflation

COMMENT: Hello Mr. Armstrong. Thank you for my daily dose of reality. Your blog is one of the last sources of untainted news. I would like to show these pictures my...

The Rental Crisis

I reported how BlackRock is now the largest landlord in the US. Institutions have purchased hundreds of billions in real estate across the nation and have no plans...

REMINDER: Inflation was at 1.4% When Biden Took Office

Inflation was only 1.4% when Biden took office. He began implementing policies on his first day that directly created the energy crisis in the US. He refused to...

Yellen Admits Truth Behind the Inflation Reduction Act

The Inflation Reduction Act has only increased inflation. Secretary of the Treasury Janet L. Yellen came out and admitted the truth – the act’s entire...

Thanksgiving Dinner Costs Rise 20% This Year

In 2021, the average American family paid at least 14% more for Thanksgiving festivities. In 2022, celebratory costs are estimated to rise by 20%. The US Farm...

US Households Lost Over $7,400 Under Biden

I reported in September that the Heritage Foundation estimated that the average American lost $4,200 since Biden became president. Within only a month, their...

Fed Pivot Myth

Thank you to the reader who sent in this hilarious image. Despite all the incoming data and price instability, some expected the Fed to pivot on its stance. Even...