Freedom Exiled
Ain’t it great how the media outlets like to quip about us little people? CNN’s Fredricka Whitfield quipped on Sunday that Americans will have to reduce their portion sizes on Thanksgiving because of high inflation. “It seems like we’re all gonna be eating smaller portions if anything,” Whitfield said in response to reports of higher…
You already know that inflation is taking a bigger and bigger bite out of your wallet. Now, it’s going to affect the size of your paycheck in 2023. Even if you get a sizable raise next year, you won’t necessarily take home more money. Many ingredients are baked into […] Click here to view original…
U.S. households have an extra $1.7 trillion in savings, according to estimates by the Federal Reserve. Washington’s response to the pandemic left household and business finances in unusually strong shape, with higher savings buffers and lower interest expenses. It could also make the Federal Reserve’s job of taming high inflation more difficult…. Click here to view…
FILE – A “for sale” sign hangs from a post outside of a vacant business building in Belleville, N.J., Thursday, May 3, 2018. (AP Photo/Julio Cortez, File) WASHINGTON (AP) — The average long-term U.S. mortgage rate topped 7% for the first time in more than two decades this week, […] Click here to view original…
Hang on, are we Americans are supposed to believe, “inflation” is just a Democrat Party issue? Really? Letter Seeks Nonpartisan Assessment of Democrats’ Reckless Inflation Wreckage on America’s Federal Debt WASHINGTON – U.S. Senator Kevin Cramer (R-ND), member of the Senate Budget and Senate Banking Committees, joined Senator Steve Daines (R-MT) in sending a letter…
From https://economicprism.com/operation-break-stuff/ Operation Break Stuff Posted on October 21, 2022 by MN Gordon Stagflation, sinking labor productivity, severe levels of public and private debt, a splintered real estate market… You name it. The economy’s crashing and burning like an old Cutlass Supreme. There’s nothing the central planners can do to fix it. No plans or schemes will get…
“Debt to GDP has gone from 200% to 350% globally.” You can’t taper a Ponzi scheme like the U.S. Dollar. There’s no way around the math! Roubini Warns Of Imminent Dollar Crash: The Fed Is Going To “Wimp Out” In The Inflation Fight Via SchiffGold.com, Economist Nouriel Roubini says Federal Reserve is going to “wimp…
Gary Cohn, IBM vice chairman and former chief economic adviser to President Donald Trump, warned that significant job losses are necessary to get inflation under control. “We’re going to have to see job destruction if we’re really going to see inflation be curtailed,” Cohn said in an interview during […] Click here to view original…
BofA warns that hot inflation might run rampant for another 10 years — here’s the 1 shockproof sector that could preserve your wealth under that worst-case scenario Despite the U.S. Federal Reserve’s aggressive rate hikes — including three consecutive hikes of 75 basis points — inflation is still running […] Click here to view original…
