Economy

Image for The Air Is Coming Out of the Housing Bubble

The Air Is Coming Out of the Housing Bubble

"But lower house prices will offer little relief to new buyers, as rising mortgage rates, utilities, taxes, maintenance, and insurance offset the drop.”

8 hours ago By Schiff Gold

Image for What Krugman Gets Right and Wrong on Trade Surpluses

What Krugman Gets Right and Wrong on Trade Surpluses

Krugman’s recent NYT column on Russia features commentary on trade surpluses that is at best very misleading

9 hours ago By Robert P. Murphy | Mises.org

US Middle Class Is Shutting Down As Spending By The Rich Remains Robust

Inflation and higher mortgage rates squeezing American households

12 hours ago By Zero Hedge

WEF Panelist Brags About Development of ‘Carbon Footprint Tracker’ To Monitor Your Travel, Diet & Spending Habits

"Where are they traveling? How are they traveling? What are they eating? What are they consuming on the platform?" asks Alibaba President J. Michael Evans at Davos meeting.

1 day ago By Jamie White | INFOWARS.COM

  • Latest

May 24, 2022

It’s Not Just the USA: The Economic Instability Is Global

The combination of covid lockdowns, money pumping, and attempts to force a new green economy are taking their toll

May 24, 2022

White House Considering Rare Release of Diesel Fuel Reserve – Report

"It's small potatoes. It might buy a couple of weeks or even months, but it doesn't solve the underlying issues."

May 24, 2022

May 23, 2022

Global Economy in Worst Shape Since WWII — IMF

Head of fund blames Covid, Russia-Ukraine conflict, climate change for sluggish growth and rising inflation

May 23, 2022

US Announces 13-Nation Indo-Pacific Economic Pact to Counter China’s Influence in the Region

Member countries will discuss “significant security issues in the Indo-Pacific.”

May 21, 2022

US Stocks Suffer Longest Losing Streak Since the Great Depression

The latest decline leaves the Standard & Poor’s 500 down 20% from its peak, and the Dow has dropped another 600 points

May 19, 2022

Fed Chair Powell Perpetuates Keynesian Myths

"This was the Fed just talking tough, again, hoping that it can talk tough and not actually have to act tough.”

May 19, 2022

Is the Housing Crash Starting?

Housing, and its fate, will serve as the earliest guide to the Fed, rates and the US economy

May 19, 2022

Wheat Prices to Surge as Ukraine’s Harvest Shrinks – Official

Ukrainian agriculture minister says grain prices could rise 40% this year

May 18, 2022

The Fed Has Destroyed Our Savings

If you put your money in a savings account, you’ll end up with less than you started with – at least in terms of real purchasing power.

May 18, 2022

Gasoline Now Averages Over $6 a Gallon in California

The national average gas prices hit $4.523 on Tuesday, also a record.

May 18, 2022

May 17, 2022

Musk Raises Concerns Over US Economy

Country is probably in a recession that could last up to 18 months, he said

May 17, 2022

Freedom and Sound Money: Two Sides of a Coin

It is impossible to grasp the idea of sound money without realizing that it was devised to protect civil liberties against state despotism

May 17, 2022

Federal Reserve Policies Aimed at Creating Price Stability Bring About Economic Instability

While Fed policies openly try to make prices "stable," the central bank actually is creating economic instability and an impoverished economy

May 16, 2022

Over Half of Germans Admit to Being Poorer Than in 2021 as Economy Declines

Deteriorating financial situation blamed on Russia sanctions

May 16, 2022

Brits Told to Work More to Handle Cost-of-Living Crisis

Labour Party calls minister Rachel Maclean’s suggestions “disconnected from reality”

May 15, 2022

Egg Prices Soar As 10% Of Nation’s Hens Wiped Out By Devastating Bird Flu

Since January, the outbreak has spread to 32 states.

May 13, 2022

What Happens When Central Banks Attempt to Tighten? Even More Resource Misallocation

Popular economic wisdom says central banks can counter harmful effects of inflation by raising interest rates

May 13, 2022

May 12, 2022

Labor Market Cracking: Jobless Claims Rise To 3 Month High

Final pillar propping up the US economy has just turned red

May 12, 2022

MSM Warns Against Homemade Baby Formula As Manufacturer Says ‘At Least Two Months’ Delay

Images of empty shelves and desperate mothers have been flooding social media.

May 11, 2022

Flashback 1 Year Ago: Biden & Cronies Insist Inflation Not A Concern

Puppet president, press sec. Jen Psaki, Treasury Sec. Janet Yellen, and Fed Chair Jerome Powell all predicted inflation would be "quite low" and "transitory."

May 11, 2022

Real Wages Fall Again as Inflation Stays Near 40-Year Highs

With inflation still near 40-year highs, this is the thirteenth month in a row during which earnings have fallen behind price inflation

May 11, 2022

Stagflation Comes from Exorbitant Money Creation and Unhampered Government Spending

The Keynesian "stimulus" policies were suppose to reinvigorate the economy

May 10, 2022

Student Loans & Government Subsidies: Another Government “Benefit” Creates Financial Chaos

The federal takeover of student loans is a subsidy because it sells below market value the interest rate, the lending standards, and the repayment terms of this specific type of loan.

May 10, 2022

US Gasoline Prices Set New Record

Rising oil prices are driving the cost at the pump higher

May 09, 2022

Peter Schiff: The Fed Has Already Lost the Inflation Fight

"The Fed will succeed in killing the economy, but it will not kill inflation."

May 09, 2022

US Faces Baby Formula Shortage

Retailers introduce rationing as supplies dwindle

May 09, 2022

Forget What the “Experts” Claim about Deflation: It Strengthens the Economy

Typical economic commentary claims that deflation is a Very Bad Thing. Think again