In this study we aim to quantify some of the more egregious biases in inflation statistics in order to get us closer to a true understanding of inflation since 2019, hence of true economic growth.
Google’s Net Zero Plans Are Going up in Smoke…
For years, the search giant has touted its alt-energy deals and net zero plans. But these four charts show that Google’s electricity use, CO2 emissions, and carbon intensity, are soaring…
Russian Economy, Sanctions & Ukraine Conflict: Key Takeaways from Putin’s Marathon Press Conference…
Can you imagine Biden answering a breadth of questions on the economy, the wars his administration stoked and support, immigration, Bidenomics, hell, anything for more than four hours? Russia’s President Putin resumed his annual marathon presser this year following a brief pause due to Covid. More than two million questions were submitted prior too his “Results of the Year.”…
EXCLUSIVE Harvard’s Shocking Admission: Affirmative Action and Critical Race Theory Killed South Africa…
On those bleak corners of the Internet that fret about economic growth, social cohesion, and other boring stuff, there’s a common question: What the heck happened in 1971?…
Paul Craig Roberts Warns the Loss of the Petrodollar Will Be Disastrous…
Former White House official Paul Craig Roberts is warning that as more nations all over the globe move away from using the dollar in energy trade, the consequences for the United States economy could be quite severe…
U.S Weekly Jobless Claims Drop to the Lowest Level Since 1969…
The number of Americans filing applications for unemployment benefits dropped to a more than 49-year low last week, pointing to sustained labor market strength despite slowing economic growth. Initial claims for state unemployment benefits declined 10,000 to a seasonally adjusted 202,000 for the week ended March 30, the lowest level since early December 1969, the […]
Atlanta Fed Raises GDP View to 4.2 Percent on Strong Economic Data…
The U.S. economy is expanding at a 4.2 percent annualized rate in the third quarter, the Atlanta Federal Reserve’s GDPNow forecast model showed on Wednesday, following the release of the latest data on producer prices and wholesale trade. That was a tad faster than the 4.1 percent pace calculated on Oct. 5 by the Atlanta […]
U.S. Regains Top Spot as WORLD’S Most Competitive Economy…
The United States “dethroned” Hong Kong this week to take the top spot as the World’s most competitive economy; further signaling a robust US recovery under President Trump and the recently passed GOP tax cuts. “The U.S. dethroned Hong Kong to retake first place among the world’s most competitive economies, thanks to faster economic growth […]
Janet Yellen Explains Why She Hiked In A 0.9% GDP Quarter…
It appears that, the worse the economy was doing, the higher the odds of a rate hike. Putting the Federal Reserve’s third rate hike in 11 years into context, if the Atlanta Fed’s forecast is accurate, 0.9% GDP would mark the weakest quarter since 1980 in which rates were raised (according to Bloomberg data)…
Stronger Economic Growth? Over My Dead Body, Says Janet Yellen…
The U.S. economy is weak. Very weak. But the Federal Reserve is planning to raise interest rates anyway. Why? Here’s what’s going on: According to the Atlanta Fed the US economy is expected to grow at a respectable 2.8 percent for the first quarter of 2017 That’s not bad considering that, for the entire year […]