Billionaire Investor Debunks ‘Transitory Inflation’ Narrative
Things are "bat-sh*t crazy" right now
Macron Declares ‘America Is Back’ With Joe Biden
"It’s great to have a U.S. president who’s part of the club and very willing to cooperate," says French president.
Price Hike at Chipotle Reveals Inflation Problem
“Fight for $15” victory backfires.
Economist Slams Popular Excuse for High Inflation
Inflation isn’t a supply chain problem; it’s a money problem.
Economist Rips Media for Downplaying Inflation
Says people who think the Fed’s policy has been vindicated are dead wrong.
Northeast Power Prices Surge as Heat Wave Forces Millions to Crank Up Air-Conditioning
New England energy prices triple from year ago
COVID Outbreaks at Taiwanese Chipmakers Latest Threat to Global Supplies
Worsening drought, rolling blackouts also terrorizing the island
AMC stock soars over 20% as Reddit-fueled rally extends to another week
AMC has gained more than 120% since the beginning of the month
Chip Shortage to Last Until “Mid-To-Late 2022,” World’s Third Largest Electronics Manufacturer Warns
Intel CEO says "work from home" trend caused a "cycle of explosive growth in semiconductors."
More Than One-Third of Small Businesses “In Jeopardy” of Closing This Summer
Economy may not reopen soon enough for many businesses to survive
Millennials Getting Too Old to Build Wealth
Generation running out of time to build wealth in "almost every way measurable."
The Economics of the Extended Family: From Risk Management to Human Capital
Extended families have long functioned to provide alternatives to the state in terms of risk sharing and mutual aid
Peter Schiff: Americans Are Worried About Inflation
Searches for the word “inflation” hit an all-time high on Google trends.
US Exploring a “Digital Dollar”
War on cash in full swing
The Fed’s Policies Since the 2020 Coronavirus Panic
Since the corona panic, the Fed has bought a ton of government bonds, but it's also started buying corporate bonds, has abolished reserve requirements, redefined the monetary base, and switched to average inflation targeting
The Abuse of Public Debt—and How It Sets the Stage for Economic Disaster
The majority of economists, who assume recent historical trends will continue forever, forget that nonlinearity in economics means that cause-and-effect relationships can remain dormant for a long time, only to manifest themselves with unusual force later on
Entrepreneurs Are Motivated by Profit, Not Risk
A capitalist never chooses that investment in which, according to his understanding of the future, the danger of losing his input is smallest
The Worst-Kept Secret in America: High Inflation Is Back
From wood to copper to corn, prices for basic necessities for both production and consumption are rising to multi-year highs
Intel CEO Warns It Could Take Years to Address Global Chip Shortage
Demand for semiconductors continues to surge beyond supply capacity
US Mint Delays Silver Shipments Due to “Global Silver Shortage”
Demand over the past few months from coin holders appears to have overwhelmed US Mint.
Illinois McDonald’s Offers Free iPhones to New Hires Amid Labor Shortage
Fast food industry desperate for workers
Biden’s $6 Trillion Budget Will Raise Federal Spending To Highest Post-WW2 Level
With Dems in control of both Chambers of Congress, Biden faces some of the best odds of any recent president in terms of getting his budget through Congress.
Economist Raises Alarm Over Inflation, Price Acceleration
Investors conclude Federal Reserve will tighten monetary policy sooner than expected.
Why Economic Models Can’t Provide a Realistic Picture of Human Behavior
Mises: "The experience with which the sciences of human action have to deal is always an experience of complex phenomena. No laboratory experiments can be performed with regard to human action."
The Fed Monetized More Than Half the Massive Federal Pandemic Debt
The central bank makes all of this possible by creating artificial demand in the bond market.
Dept. of Commerce Head Says Chip Funding Could Result in Ten New US Plants
$52 billion proposal expected to enhance US competitiveness with China
How Government Jobs Destroy Wealth
Government jobs may help reduce the official unemployment rate, but they actually damage the economy
Public Debt Got a Lot Worse from The Great Recession to The Great Lockdown
Debt accumulation was already unsustainable prior to 2020, but the Great Lockdown has triggered an explosive increase
Iron Ore Futures Tumble as Chinese Regulators Attempt to Halt Commodity Boom
"China's authorities continue to raise concerns about the rise of commodity prices"
Oil Rebounds As Iran Nuclear Deal Talks Hit a Snag
Secretary of State Blinken says there is no sign Iran is willing to comply with nuclear commitments needed to lift sanctions.