Economy

Image for Thanks to the Fed, You’ll Work More this Year to Keep Last Year’s Standard of Living

Thanks to the Fed, You’ll Work More this Year to Keep Last Year’s Standard of Living

Real earnings are falling, savings are falling, and more people are taking on second jobs to make ends meet.

22 hours ago By Ryan McMaken | Mises Institute

Image for Everyone Believes Recession Coming, Except Biden

Everyone Believes Recession Coming, Except Biden

Investors, public at large, disagree with Biden

1 day ago By Kit Daniels | INFOWARS.COM

Trans-Pacific Shipping Rates Plunge 75% as US Retail Demand Falters

US now entering a stage of implosion in demand, inevitably followed by rising unemployment

1 day ago By Zero Hedge

PepsiCo’s Average Product Prices Spike 17% Year-Over-Year

'PepsiCo literally is the CPI for many people in this country.'

1 day ago By Zero Hedge

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Oct 11, 2022

EXCLUSIVE – Steve Bannon Raises Alarm Over Financial Crisis: ‘It’s Worse Than the Great Depression’

Former Trump White House official reveals how globalist "solutions" actually expose major issues of our planetary financial system!

Oct 11, 2022

“Back to the Old Days” – Europeans Panic Buy Firewood and Stoves

Rising demand for firewood sending much of Europe back to the 'medieval' days

Oct 11, 2022

Rail Union Rejects Labor Deal, Raising Risk of Strike

Nationwide rail strike would be devastating for U.S. economy

Oct 11, 2022

Peter Schiff: The Fed Didn’t Create The Inflation Problem Last Year; It Was Decades In The Making

You can trace the Fed’s inflationary monetary policy all the way back to 1998 and the Long-Term Capital Management bailout

Oct 10, 2022

Markets Are Expecting The Federal Reserve To Save Them – It’s Not Going To Happen

Powell and all other Fed officials knew ten years ago what was going to happen.

Oct 10, 2022

Economist Warns: You’ll Need Gold When the Fed Loses This Inflation Fight

Peter Schiff rips MSM's crumbling economic narratives.

Oct 08, 2022

Update: PayPal Backs Off Policy To Pull $2,500 From Users’ Accounts If They Promote ‘Misinformation’

New censorship policy by the financial services company takes effect on November 3 -- just days before the midterm elections.

Oct 07, 2022

The Velocity of Money Circulation Is Another Economic Myth

Contrary to popular thinking, money does not circulate. Instead, it always belongs to somebody.

Oct 06, 2022

An Economic Perspective on Accusing Political Opponents of Racism

A winning political strategy, especially among Democrats, is to accuse their political opponents of racism, or at least "closet" racism

Oct 05, 2022

US Debt Tops $31 Trillion As Billions Sent to Ukraine

This is causing inflation as the money supply is increased

Oct 05, 2022

Nearly Half of Americans Making Six-Figures Living Paycheck to Paycheck

'More consumers living paycheck to paycheck indicates that many continuing to lose financial stability'

Oct 05, 2022

US debt surpasses $31 trillion

The national debt has increased by $3.37 trillion since President Joe Biden took office

Oct 04, 2022

Environmental and Political Elites Are Destroying Food Production for “Climate” Goals

In pursuing CO2 reductions like Captain Ahab chased Moby Dick, Western elites are destroying much of the world's agriculture base

Oct 04, 2022

UN Agency Warns of Global Recession Due to Tightening Monetary Policy

However, the solutions offered reveal that the UNCTAD has no idea what causes inflation.

Oct 03, 2022

U.N. Demands Federal Reserve, Other Central Banks Halt Interest Rate Hikes Or Risk Global Meltdown

Bank of England has already pivoted from its interest rate-hike policy and resumed endless money-printing measures responsible for the current high inflation.

Oct 03, 2022

Central Banks Add Gold for Fifth Straight Month

On net, central banks added 20 more tons of gold to their reserves. Three banks drove buying in August and there were no notable sellers.

Oct 03, 2022

Peter Schiff: The Bank of England Rings the Mother of All Bells

There is an old expression — “No one rings a bell” — meaning there’s no warning when there is a major top or bottom in the markets. But Peter said there often is a bell but nobody hears it. Last week, Peter said we got the “mother of all bells.”

Oct 03, 2022

How the Policy of Price Stability Generates Greater Instability

The Fed claims 2 percent inflation promotes "price stability"

Oct 02, 2022

‘2023 Will Be Year From Hell’: Top Financial Analyst Warns Europe ‘Could Suck The Rest Of The World Down The Tubes’

“In Europe, I believe they are actually deliberately doing this, and this is Klaus Schwab’s ‘Great Reset,'" says Martin Armstrong.

Oct 02, 2022

Videos: Britons Burn Energy Bills to Protest Soaring Prices

The new government cap allows average household energy bills to rise to £2,500.

Sep 30, 2022

Federal Reserve Announces Major ‘Pilot Exercise’ for ESG Social Credit Score System

"Climate finance" is almost identical to that of the Chinese Communist Party's social credit score system.

Sep 30, 2022

Surprise! Another Month, Another Failed Attempt at QT

How long until the Fed follows in the BoE footsteps and re-enters the market, using “crisis mode” as the excuse?

Sep 30, 2022

Eurozone Inflation Hits Record 10%

Highest in the history of the euro

Sep 29, 2022

Central Banks Claim to Preserve the Value of Money Through Inflation

Central banks claim that their main purposes are to help an economy maintain high rates of employment and price stability

Sep 29, 2022

Searches For “Real Estate Market Crash” Exploding As Mortgage Rates Surge

If the job market declines, people could end up losing their homes to the banks because there's not enough buyers

Sep 29, 2022

Hurricane Cleanup Will Stimulate the Economy? Not So Fast!

Regarding the “broken window fallacy," it's important to recognize that destruction isn’t progress.

Sep 28, 2022

This Looks a Lot Like the Dot-Com Bust With One Big Difference — Inflation

The Fed has inflated an everything bubble. Since 2008, the central bank has pumped over $8 trillion into the economy.

Sep 28, 2022

US Entering Recession, But They Won’t Admit It Until After Midterms

The media is still asking the question if - and not when - the US will enter a recession

Sep 28, 2022

The digital dollar will not be anonymous, Federal Reserve chair Jerome Powell says

Erasing the anonymity of physical cash and privacy-focused cryptocurrencies.

Sep 27, 2022

Student Loan Forgiveness Treats the Symptom, Not the Disease

President Biden's recent student loan forgiveness initiative only exacerbates the real problem: the cost of a college education, thanks to government intervention, is outrageously high

Sep 27, 2022

Genuine Recovery Is Up to Investors, Producers, and Consumer Choice

Recovery is genuine only when it reaches the masses of individuals

Sep 27, 2022

Genuine Recovery Is Up to Investors, Producers, & Consumer Choice

The false metrics of so-called recession and recovery push individuals’ expectations lower. With expectations lower, government people can more easily claim to have made us beat these expectations.

Sep 26, 2022

UK Pound Slides to Lowest Level Against US Dollar Since 1971

Pound plunges over weekend amid economic chaos across Europe

Sep 26, 2022

Eurozone recession warning issued

The economic downturn across the 19-nation bloc has deepened, says S&P Global