Yesterday, I showed how Consumer Prices Have Soared 160% Since 2001 for everything from burritos to healthcare. This enormous loss of purchasing power is not reflected in the official measure of inflation, which claims inflation is subdued (1% or so…
Yesterday, I showed how Consumer Prices Have Soared 160% Since 2001 for everything from burritos to healthcare. This enormous loss of purchasing power is not reflected in the official measure of inflation, which claims inflation is subdued (1% or so…
Sometimes one chart captures the fundamental reality of the economy: for example, this chart of money velocity and the civilian-population ratio. (thank you, Joseph Y. for posting it on my Facebook feed.) When the blue line is up, more of…
To say that the future of money is blockchain-based crypto-currencies and payment platforms is to state the obvious nowadays. If this wasn’t the case, then why are Goldman Sachs et al. (i.e. the global too big to fail banks) rushing…
Whatever you think of former Fed chair Alan Greenspan, he is one of the few public voices identifying runaway entitlement costs as a structural threat to the economy and nation. We can summarize Greenspan’s comments very succinctly:there is no free…
‘Due to a “perfect storm” of inflationary factors – not the least of which being the continuing drop in oil prices – Canadians are seeing the effects of a weakening currency reflected in food prices at the supermarket. $3 cucumbers, $8 for a head of cauliflower, grapes at $10 per bag – the spiraling cost […]
The post Massive food inflation strikes Canada… consumers paying $8 for a head of cauliflower, $3 for a single cucumber appeared first on David Icke.
We are constantly bombarded with two messages about inflation: 1. Inflation is near-zero 2. This worries the Federal Reserve terribly, because stable prices are deflationary and deflation is (for reasons that are never explained) like the financial Black Plague that will…
From the point of view of history, a reversion to generational lows is inevitable, and a valuation level around 50% of GDP for stocks is a fair target. If we look back to 1981 valuations of stocks and bonds as…
‘Official data show the annual inflation rate in crisis-hit Ukraine has jumped to 45.8 percent. The increase follows a steep acceleration of 10.8 percent in March, according to the country’s statistics office. The eastern European […]
‘Official data show the annual inflation rate in crisis-hit Ukraine has jumped to 45.8 percent. The increase follows a steep acceleration of 10.8 percent in March, according to the country’s statistics office. The eastern European […]
ECB To Print Trillion Euros – Gold Could Surge 40% In 15 Minutes Against Euro, Other Currencies Mario Draghi is preparing to unveil QE today as the ECB looks certain to announce it’s much anticipated quantitative easing (QE) programme. The…