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Tag: Inflation

Sri Lanka’s Economy Completely Collapsed

Protestors swarmed President Gotabaya Rajapaksa’s palace in Sri Lanka, forcing him to flee and step down. The entire government in Sri Lanka will be restructured....

Energy Crisis Driving Up Food Costs

Agriculture experts are calling this season one of the most important crop years in recent history. The supply chain has barely improved, exports are expensive, and...

Fourth of July Celebration Price Hike

The White House celebrated the measly 16-cent discount that Americans enjoyed last Fourth of July. As a reminder of how our leaders have catapulted our economy and...

Unemployment Expected to Rise

Jerome Powell recently admitted that combating inflation will lead to rising unemployment. Powell admitted that to establish price stability, the labor market will...

The Fed v Congress

Powell addressed Congress on Wednesday to curb inflation fears. The Fed is stuck between a rock and hard place right now as some must lose in order for the...

Consumers Spend More on Less

Consumer spending, a main indication of the nation’s economic health, has remained strong despite rising inflation. Personal spending increased 0.9% in April,...

Putin: They Even Named Inflation After Me

Vladimir Putin is not suffering from sanctions. The West has shot itself in the foot by banning essential Russian imports without an alternative in place. “They...

The Federal Reserve Cannot Combat Inflation Alone

Fed Chair Jerome Powell was notably frustrated when pressured about the Fed’s role in inflation. During his Q&A session this Wednesday, Powell plainly stated...

European Central Bank to Raise Rates Amid Record Inflation

Inflation in the euro area reached a record high of 8.1% in May across the 19-member states. It is no longer possible for the European Central Bank (ECB) to release...

Sen. Kennedy on Gas Prices: “It’d be Cheaper to Buy Cocaine and Just Run Everywhere”

Senator John Kennedy (R-LA) ripped into the entire Biden Administration for economic mismanagement. “Treasury Secretary Janet Yellen — who was also captain...