August’s Price Inflation Soared, And That Means Earnings Fell Yet Again
Wall Street is hoping that bad news on the employment front will force the Fed to ease again, and with easy money comes…
Continue readingWage Growth
What’s Worse Than Inflation? Depression + Inflation
If “markets” controlled by the rich are allowed to distribute essentials, the result will be civil disorder and the overthrow of regimes…
Continue readingThe Fed Can’t Stop Supply-Side Inflation
The Fed and other central banks have zero control of supply-driven inflation, period…
Continue readingWalmart Grocery Prices Increased by 21.5% Between July 2019 and July 2022
How has consumer purchasing power in terms of groceries changed since 2019?
Continue readingA Most Peculiar Recession
So what are conventional pundits missing today? I would start with three dynamics…
Continue readingU.S. Treasury Secretary Yellen: “Recession” Doesn’t Mean What You Think It Means
Yellen wants to keep the word “recession” out of the headlines, but if wages continue to fall behind inflation, and if…
Continue readingInflation Hits 9.1% After Months Of Empty Talk At The Fed
The Biden Administration and the Fed are likely to keep touting the job numbers with increasing desperation in an effort to convince people that the economy…
Continue readingOfficial Inflation Hits Another New High
Motor vehicle repair costs have the highest increase since 1974, and gold stocks are at bargain prices…
Continue readingCollapse Coming: Consumer Prices Surge As Wages Fall
We are heading down the road that leads to the point of no return, and the goal is to crash everything by…
Continue readingYes, It Is Different This Time
Most people would be horrified by a 40% decline in their “investments.” When bubbles pop, speculative assets don’t drop 40%, they drop 90% or even 98%…
Continue readingPrice Inflation Hit A New 40-Year High in February: No, It’s Not “Putin’s Fault”
The Democrats, since they are assumed to be “in power”, will need some sort of scapegoat for inflation, since it continues to…
Continue readingOur Financial System Is Optimized for Sociopaths and Exploitation
Let’s call this financial system what it really is: the MetaPerverse, a conjured world of self-serving cons…
Continue readingSoaring Rents Eat Americans’ Wage Increases – And Then Some
A coffee barista could receive 10% more pay and have most of it wiped out just by an increase in rent. Add in the costs of food and gasoline, and…
Continue readingWhy Employment Is Not the Key to Economic Growth
A reduction in unemployment is not the key factor for economic growth. The heart of economic growth is…
Continue readingSet For Absolute Economic Collapse In The USA, Normal People Will Not Be Able To Afford Meat
The Federal government only has a very limited amount of food, water and generators widely scattered at FEMA distribution centers around the country…
Continue readingEven A Strong Jobs Report Couldn’t Knock Gold Off It’s Perch
There is an underlying bid in the gold market…
Continue readingInflation Winners and Losers
The clear winners in inflation are those who require little from global supply chains, the frugal, and those who own their own labor, skills and enterprises…
Continue readingExperts Are Warning That Empty Shelves And Food Shortages Are Going To Continue For Many Weeks
No, you’re not imagining it. Some grocery store shelves are bare again, conjuring bad memories of…
Continue readingReal Wages Plummet As Inflation Hits The US Recovery
No US citizen should be happy about plummeting real wages and stagnant labor participation in the middle of a strong recovery and…
Continue readingThe Dollar Has Entered A Death Spiral, And A Lot More Inflation Is On The Way
Most Americans are getting poorer…
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