inflation

N.Y. Post: Joe Biden’s State of the Union ‘shrinkflation’ swindle

New York Post, March 6, 2024 Joe Biden’s State of the Union ‘shrinkflation’ swindle  Since Joe Biden became president, the dollar’s purchasing power has shrunk by 18% as Americans suffered the worst inflationary ravages since the Carter era. But that plunge is trivial compared with the nation’s real affliction: Snack companies “charge you just as […]

Capitalism’s Bleak Future: Homelessness, Inflation, Cryptocurrency with John Rubino

by Kerry Lutz, Financial Survival Network: John Rubino is back… Did inflation just reverse course? What’s the difference between disinflation and deflation? Are stocks right to like the Fed pause? How hard do things have to get for the Fed to start easing? Leading economic indicators down for the 19th straight month. Bitcoin is rocking. Will […]

Who has the most expensive and cheapest gas in Europe?

By Rhod Mackenzie The priciest gas for households in Europe this year can be found in the Netherlands and Sweden, while the most cost-effective options are in Belarus and Russia. This information pertains to calculations based on data from national statistical services. In the first half of this year, Dutch households were charged 24 (euro) […]

The Contradictions of Ronald Reagan’s America

As the memory of President Ronald Reagan’s administration recedes, estimation of his deeds grows, and for good reason. A cursory look at his end-of-office stats impresses the casual observer — 67%  increase in GDP, from $3 trillion in 1981 to $5 trillion in 1988, net job addition of about 18 million, reduction in the unemployment […]

Chancellor Admits Mass Money Printing During Lockdown is Behind Inflation

The Chancellor Jeremy Hunt has admitted for the first time that the massive money printing in the pandemic – more than in the whole previous decade – is behind the current sky-high inflation.
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