• https://www.paulcraigroberts.orgPaul Craig Roberts
Blocked by US federal courts from imposing its illegal vaccine mandates, the criminal and insane Biden regime has resorted to imposing mandates by prohibiting unvaccinated (however that condition is currently defined) truckers from delivering goods t
By now, anyone with half an inkling of curiosity about why prices and values don't add up has traced the divide back to the money itself. It's not hard to see.
Did anyone out there actually expect things to turn out differently? When the federal government kept borrowing and spending trillions upon trillions of dollars that we did not have, we were warned that this day was coming.
Human life is infinitely complex. Attempting to centrally plan it must always end in failure. The planners inevitably paint themselves into a corner, where every move they make is the wrong move. The return to the reality of freedom is a painful one
Bloomberg News recently solicited advice from Argentinians who lived through that country's high inflation on how Americans should cope with rising inflation.
On my latest podcast, and my last podcast of 2021, I had the pleasure of speaking with my favorite economist, Peter Schiff. Peter is an American libertarian, stock broker, financial commentator, and radio personality.
Bloomberg is mercilessly mocked after advising Americans to 'spend their pay check immediately' and 'borrow lots of money' to tackle inflation in similar advice given to economic basket case Argentina
Earlier this year, when inflation was still "transitory" two Fed chairs, Powell and Bernanke, made comments which we joked only make sense if the definition of inflation is changed:
The emergence and acceptance of Modern Monetary Theory has turned our economic system upside down. Skeptics of its substance and sustainability have been brushed aside temporarily but expect the MMT experiment to collapse and end in ruin.
Some pundits have suggested that the way to cope with higher prices and reduced availability of goods is for people to "lower their expectations." These pundits have unwittingly stumbled into the truth
For bitcoin enthusiasts, one of the most compelling things about the cryptocurrency is its ability to side-step fiat monetary systems that dilute the value of cash holdings through inflation.
With the threat of dollar hyperinflation now becoming a reality it is time to consider what will be required to stabilise the currency, and by extension the other fiat currencies which regard the dollar as their reserve.
The latest example of the Federal Reserve engaging in Bill Kristol-like levels of denial is the Fed's continued insistence that the return of 70s-style inflation is a "transitory" phenomenon resulting from the end of the lockdowns.
Rising prices amongst the many problems that the Biden Administration has created for the American people. But is Biden solely responsible for it? No. Previous Republican and Democrat administrations made their contributions with record government sp
Inflation across a broad swath of products that consumers buy every day was even worse than expected in October, hitting its highest point in more than 30 years, the Labor Department reported Wednesday.
"Is it easier for you to go and buy things in the stores than it was four years ago?" Ronald Reagan asked days before his sweeping 1980 presidential election victory.
Despite government officials and central bankers continuing to peddle the "transitory" inflation narrative, the average American isn't buying it. They feel the squeeze of rising prices in their wallets.
When discussing today's "shock" CPI report we said that it was just a matter of time before there is a wave of political blowback that will make the recent anti-democrat revulsion in Virginia and NJ seem like amateur hour.
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