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Price_Changes_Consumer_Goods

Federal Reserve Will Support JoeBama Economic Agenda by Allowing Rapid Inflation, Diminished U.S. Worker Purchasing Power and Pain Upon Middle Class…

April 30, 2021 at 7:31 pm

The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation. The FED is trying to provide cover for JoeBama’s economic plan. The era when the FED could impact inflation is long past. However, the Joe Biden policy impact will be clear, immediate and concise. The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products…

Joe_Biden_Kamala_Harris_2

The Extraordinary Naivete of the Democrats’ Economic Planning…

April 21, 2021 at 6:37 pm

There’s a charming quality to the naivete of the Dems. Do they really believe this stuff? In another story published in the Times this past week, it was reported by a scribe known to carry water for the Biden administration that even before #46 entered the Oval Office last January, “some of his closest aides were focused on a question that risked derailing his economic agenda…

Money_Down_Drain_Currency

Trouble Ahead, Inflation Jumps More than Expected – Gasoline Prices Increase 9.1% in One Month, Year Over Year Inflation 2.6%…

April 15, 2021 at 6:26 pm

The Bureau of Labor Statistics highlights some alarming inflation numbers today [Link Here] that are unfortunately, not unexpected…. unless you are a liberally trained economist (most of them) and so the results are surprisingly “unexpected”…

NY_Fed_Clay_Rodery

A Secretive Committee of Wall Street Insiders Is the Least of the New York Fed’s Concerns…

October 10, 2019 at 6:45 pm

In July 17, Mary Callahan Erdoes, head of JPMorgan Chase & Co.’s $2.2 trillion asset and wealth management division, walked into the wood-paneled tenth-floor conference room at the Federal Reserve Bank of New York to address some fellow Wall Street luminaries — Bridgewater Associates’ Ray Dalio, Dawn Fitzpatrick of Soros Fund Management, short-seller Jim Chanos, […]

Workers

Best “Recession” Ever – MAGAnomics: Inflation 1.7%, Wage Growth +3.5%, Real Worker Earnings +1.8%…

September 12, 2019 at 8:19 pm

A series of very strong internal economic evaluations today from the Bureau of Labor Statistics (BLS) and the U.S. Department of Labor (DOL) show the Main Street economy is perfectly positioned with maximum benefit to the U.S. middle-class. First, despite two years of doomsayer predictions from Wall Street’s professional punditry, saying Trump tariffs on China […]

Federal_Reserve

Here it Comes: The Most Important Week of The Year…

July 29, 2019 at 8:47 pm

The “most important week of the year” is finally here, when in addition to an avalanche of economic data including US payrolls, European PMIs, BOE and BOJ announcements, and the restart of US-China trade talks, we are in for a historic treat with the Fed set to cut rates for the first time in over […]

Jerome_Powell_GettyImages

OPINION: This Is the Real Reason Why the U.S. Economy Isn’t in Recession Danger Now by Ed Yardeni & Melissa Tagg…

April 3, 2019 at 2:34 pm

The yield curve is first and foremost predicting the outlook for Fed policy rather than the next recession. My research has confirmed this conclusion, as does a recent Fed study. In my recent book, Predicting the Markets, I wrote: “The Yield Curve Model is based on investors’ expectations of how the Fed will respond to […]

maduro_rally

Venezuela’s Maduro Orders 3,500 Percent Increase in Minimum Wage … 40 Percent of Businesses Close…

September 18, 2018 at 11:34 am

We have previously discussed the meltdown in Venezuela and how the government of socialist President Nicolas Maduro has done everything possible to ruin the economy, including a one million inflation rate. The latest moronic move was to increase the minimum salary by nearly 3,500 percent when businesses are struggling to exist. The result? Nearly 40 […]

Venezuela_Bolivars_Money

Venezuela Inflation Set to Reach 1 Million Percent, IMF Says…

July 24, 2018 at 9:27 pm

The International Monetary Fund reported on Monday that Venezuela’s crippling inflation could top 1 million percent by the end of the year, as its economy continues to worsen. The South American nation finds itself in a political and economic crisis that has led to more than a million fleeing the country since 2015. “We expect […]

federal_reserve_building_2012-09-13

Inflation Reaches Key Threshold for Fed Rate Hikes…

April 30, 2018 at 8:00 pm

Inflation for the first time in several years has increased to the Federal Reserve’s annual target, the Commerce Department reported Monday, reaching a key threshold for the future of U.S. interest rates. The personal consumption expenditures (PCE) index, the Fed’s inflation barometer, increased 2 percent in the 12-month period ending in March, according to data […]

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