Economy

Customers will use app to shop at world's first large interactive store

People operate within a framework of ends and means; they use various means to secure ends.

Cross-border vaccine mandates could break heavily stressed supply chain

Coffee giant employs nearly 230,000 workers in U.S.

Peloton, which sells at-home exercise equipment like bikes and treadmills, has experienced a collapse in market capitalization by at least 80% in the past year.

Parts suppliers and auto makers like Stellantis, Daimler, BMW, Volkswagen and Renault will all be on watch for the upcoming week.

"We have just seen the tip of an inflationary iceberg"

Fast food giant says rise in COVID infections battering workforce

Friday's jobs report was weak, but the most alarming datapoint is that real wages are plummeting

Even with November's small rise, money supply growth is far below the unprecedented highs experienced during the past two years. This points to a weakening economy

“Transitory” inflation has now been running hot for a full year.

The mainstream breathlessly reported this as good news. It was, after all, the smallest budget deficit in two years.

Generally speaking, rising interest rates increase the opportunity cost of holding gold.

97.5% of professionally-managed apartments in US were occupied last month

The Federal Reserve now owns $2.6 trillion in mortgages

After many months of covid stimulus, there's a bonanza in US pandemic profits. But unlike price inflation, these profits really are likely to be transitory

As of October 2021, housing prices had skyrocketed over 18% year-on-year. Housing prices are far above their 2006 bubble peak, even adjusting for inflation.

Bluntly, when the Fed machinery of money is splurging out fantastic profits amid understandable praise from the powerful beneficiaries, why hurry to make an exit from emergency stimulus?

Helicopter money drying up as inflation explodes

Average hourly earnings have risen 4.7% in 2021, but inflation is 6.8%, sending real wages to negative territory and the worst reading since 2011.

"The reality is if the Fed actually does what it says it’s going to do, the bond market would crash."

Unrelenting global semiconductor shortage continues to terrorize automakers all over North America

It seems unlikely the Deficit will be rescued by a data discrepancy in December.

CDC flags 92 cruise ships for 'infections' this week

'Heads you loose, tails you loose'

State-controlled money is immoral, dangerous, and impoverishing.

The adoption of gold as the preferred commodity money was never inevitable or based on some sort of natural law of money

Had it not been for government meddling designed to control gold and the “gold standard,” we might still be living in a world of true currency competition today.

Contractionary monetary policy may be necessary to slow the rise of inflation, but the recessionary results of this remind us why the Fed's inflationary policy is so dangerous

"If people aren’t going to work, they’re not producing stuff. And if people aren’t producing stuff, well, now there’s a shortage of stuff."

Despite Federal Reserve chairman Jerome Powell originally proclaiming this inflation spiral to be transitory, the Federal Reserve has announced that they will end their bond buying program three months earlier than expected

Reversal from Goldman follows similar decisions by JPM, Citi and other rivals

Economic depressions are not caused by a strong decline in the money stock, but by a depleted stock of real savings

The central bank can manipulate the interest rate to whatever level it desires