It's becoming hard to ignore inflationary pressures, whether one is a central banker or not. Tech investors are taking notice with Monday's Nasdaq 100 slump the largest since mid-March, while China's producer prices accelerated overnight.
Josh Sigurdson reports alongside Tim Picciott, The Liberty Advisor on the shocking inflation numbers which even people like Warren Buffett are speaking out on.
Phoenix and San Diego lead the charge in terms of price appreciation but as we note below, all major cities are seeing home price inflation at multiples of The Fed's mandate. Even the "cheapest" homes in America are growing at four times The Fed's in
Last Wednesday, we reported that based on recent earnings calls, "Companies Are Freaking Out About Soaring Costs" and today we got more confirmation of this in a Bank of America report...
You can't reduce the size of a 4×8 sheet of plywood to hide the rising cost of one - or shave some length off a 2x4x8 - without it being not only obvious but an issue, functionally. Try siding a house with 4×7.4 sheets of plywood, for instanc
Either the Fed is blindly ignorant of what's going on, or it's on purpose. Take your pick... The result is a big set of bubbles, whether the Fed sees them or not.
The Wuhan coronavirus (Covid-19) is over, even if the fake news media refuses to accept reality. The devastating economic repercussions of the government's engineered response to it, however, are far from over.
Manufacturers have been eating the increase costs and not passing them on to consumers. With chip prices expected to rise every quarter this year, many companies will be unable to keep swallowing it, especially those with tight margins.
As Americans watch their bills relentlessly rise, they're repeatedly told by official sources that there is no inflation, or 'not enough' inflation. According to the Fed, prices aren't rising fast enough! They've yet to hit their "inflation target."
We live in unprecedented times of governmental, bureaucratic and authoritarian overreach. It is no surprise that The Federal Reserve, with its extreme counterfeiting of money and credit has also extended itself way beyond what anyone could have imagi
In a podcast, Peter Schiff said it smells like stagflation is on the horizon. Inflationary pressures are becoming more and more apparent. Labor costs, commodity prices and bond yields are all pushing upward - clear signs of inflationary pressure.
There's no universally agreed-upon definition of hyperinflation. But one widely used benchmark says hyperinflation exists when prices increase 50% or more in a single month.
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