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
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."
Video: Biden Admits Sky Rocketing Energy Prices Are Part Of Green “Transition”
"We’re going through an incredible transition"
Global Economy in Worst Shape Since WWII — IMF
Head of fund blames Covid, Russia-Ukraine conflict, climate change for sluggish growth and rising inflation
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.”
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
Top Putin Aide Predicts “Global Famine” by the End of This Year
Humanitarian disaster looming.
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.”
Is the Housing Crash Starting?
Housing, and its fate, will serve as the earliest guide to the Fed, rates and the US economy
Wheat Prices to Surge as Ukraine’s Harvest Shrinks – Official
Ukrainian agriculture minister says grain prices could rise 40% this year
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.
Gasoline Now Averages Over $6 a Gallon in California
The national average gas prices hit $4.523 on Tuesday, also a record.
Global Food Crisis: Shortages Pose ‘Apocalyptic’ Threat to UK Citizens
"A major worry for the developing world as well."
Musk Raises Concerns Over US Economy
Country is probably in a recession that could last up to 18 months, he said
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
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
Over Half of Germans Admit to Being Poorer Than in 2021 as Economy Declines
Deteriorating financial situation blamed on Russia sanctions
Brits Told to Work More to Handle Cost-of-Living Crisis
Labour Party calls minister Rachel Maclean’s suggestions “disconnected from reality”
Egg Prices Soar As 10% Of Nation’s Hens Wiped Out By Devastating Bird Flu
Since January, the outbreak has spread to 32 states.
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
“Diesel to Be Rationed on East Coast This Summer,” Warns Oil Billionaire
East Coast diesel shortage situation appears dire
Labor Market Cracking: Jobless Claims Rise To 3 Month High
Final pillar propping up the US economy has just turned red
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.
U.S. Suffers Under Record Inflation As Draining Strategic Oil Reserves Offers Only Slight Reprieve
America's annual inflation rate is over 16%.
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."
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
Stagflation Comes from Exorbitant Money Creation and Unhampered Government Spending
The Keynesian "stimulus" policies were suppose to reinvigorate the economy
Treasury’s Janet Yellen: Reducing Abortions Would Have ‘Very Damaging Effects On The Economy’
Aborting babies is good for the economy.
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.
US Gasoline Prices Set New Record
Rising oil prices are driving the cost at the pump higher
Peter Schiff: The Fed Has Already Lost the Inflation Fight
"The Fed will succeed in killing the economy, but it will not kill inflation."
US Faces Baby Formula Shortage
Retailers introduce rationing as supplies dwindle
Forget What the “Experts” Claim about Deflation: It Strengthens the Economy
Typical economic commentary claims that deflation is a Very Bad Thing. Think again