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22%  
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Keyword: inflation

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  • The Inflated Stock Market and You

    01/14/2021 7:02:24 AM PST · by SeekAndFind · 20 replies
    American Thinker ^ | 01/14/2021 | Larry Alton
    The U.S. Congress is in the process of approving a new stimulus package designed to counteract the damage from the COVID-19 pandemic. Pledging to spend $900 billion on stimulus checks, unemployment benefits, and other perceived benefits for both companies and the American people, this deal is set to help people get through the late stages of this practical nationwide lockdown. If this bill would have emerged a year ago, it would have been the most expensive spending bill in American history. But of course, that record was set by the $2.2 trillion stimulus package passed by Congress in March 2020....
  • Soaring Food Price Inflation Could Lead To More Global Unrest

    01/11/2021 6:48:28 AM PST · by Roman_War_Criminal · 25 replies
    PNW ^ | 1/11/21 | Tyler Durden
    s it time to worry about food inflation? The Food and Agriculture Organization's Food Price Index rose for a seventh consecutive month in December, led by dairy products and vegetable oils. The FAO Food Price Index averaged 107.5 points last month versus 105.2 points in November. The benchmark, which tracks global food prices of cereals, oilseeds, dairy products, meat, and sugar, averaged 97.9 points for 2020, a three-year high, and a 3.1% rise from 2019 levels. The global food index was still down 25% from its historical high reached in 2011. Vegetable oil prices saw the most significant jump, up...
  • Interest Rates Have Soared

    01/10/2021 12:33:09 PM PST · by TheConservator · 99 replies
    Barron's ^ | 1/10/2021 | Jacob Sonenshine
    Interest rates took off last week as investors grew more confident in an economic recovery. One problem: Stocks may be ill prepared for the increase. The yield on 10-year Treasury debt rose to 1.1% by Friday from 0.91% to end Monday.
  • Financial Advice For The High Inflation Times Ahead

    01/08/2021 4:32:23 PM PST · by OneVike · 37 replies
    The Reason For My Faith ^ | 1/8/21 | Chuck Ness
    Word to the wise. While being in debt is not normally a good thing, sometimes it can be wise. Take for instance the Communist Democrats being in power means that inflation will rise. With inflation comes higher prices, which means you need to reconsider certain aspects of your finances to deal with the oncoming higher cost of living.It's inevitable, because of the Democrat's social agenda of higher taxes, increased regulations, higher Federal minimum wage, and their war on the fossil fuels, because of their 100 trillion dollar Green New Deal plans. That is just the things the Democrats are promising...
  • $600 stimulus checks are officially on the way. Here’s who will get them first

    12/29/2020 5:39:01 PM PST · by Berlin_Freeper · 34 replies
    cnbc.com ^ | DEC 29 2020 | Carmen Reinicke
    The $600 stimulus checks from the latest Covid relief bill are officially on their way to bank accounts, according to two tweets from Treasury Secretary Steven Mnuchin on Tuesday evening. The checks could arrive as early as tonight for those who have direct deposit, according to Mnuchin. Your stimulus check will come this way if you set up direct deposit with the IRS for your 2019 tax return by providing them with your bank account information. If that information has changed, it will delay the receipt of your stimulus check, according to the IRS. Direct deposits will start Tuesday evening...
  • Members of Congress Bristle over Being Given 6 Hours to Read 5,593-Page Spending Bill

    12/21/2020 3:57:16 PM PST · by Hojczyk · 79 replies
    Breitbart ^ | 21 Dec 2020 | KYLE OLSON
    Several members of Congress are taking to social media to complain about the handful of hours they have to read the 5,593-page spending bill. “5600 pages. Votes allegedly in 6 hours,” Rep. Chip Roy (R-TX) wrote on Twitter about the $2.3 trillion bill. “Neither Democrats nor Republicans should vote for this nonsense. There should be bipartisan rejection of this absurdity,” he added. “Just another bill we have to pass before the American people discover all the goodies that special interests jammed into it over the past week,” Rep. Andy Biggs (R-AZ) said: “It’s not good enough to hear about what’s...
  • Rand Paul EXPLODES On Senate Floor Over $600 COVID Stimulus Checks

    12/21/2020 1:08:30 PM PST · by RandFan · 107 replies
    Rumble ^ | Dec 21 | Sen. Rand Paul
    "If money really grew on trees, why not give more free money?" Watch...
  • Treasury Secretary Mnuchin says stimulus checks could arrive next week

    12/21/2020 2:28:33 PM PST · by ChicagoConservative27 · 68 replies
    nypost ^ | 12/121/2020 | Mark Moore
    ​Millions of Americans who qualify for coronavirus relief funds could see payments as soon as next week, Treasury Secretary Steven Mnuchin said Monday. “The good news is this is a very, very fast way of getting money into the economy. Let me emphasize: People are going to see this money at the beginning of next week,” he said on CNBC. Mnuchin encouraged people who receive the payments — which could be as much as $600 — to spend the money and give the economy a much-needed boost.
  • Federal Government Spending Nearly Twice as Much As Its Taking In

    12/13/2020 7:15:34 PM PST · by Pining_4_TX · 22 replies
    Nextgov.com ^ | 12/10/20 | Frank Konkel
    Two months into fiscal 2021, the federal government has spent nearly twice as much money as it has taken in through revenue after posting a 14th consecutive month of deficit spending.
  • "Attack of the debt tsunami": Coronavirus pushes global debt to record high

    11/19/2020 2:17:41 AM PST · by zeestephen · 18 replies
    CNBC ^ | 19 November 2020 | Silvia Amaro
    The IIF said global debt would break new records in the coming months to reach $277 trillion by the end of the year. Among advanced nations, debt surged above 432% of GDP in the third quarter — a 50 percentage points increase from 2019. In emerging markets, debt levels rose to over 248% of GDP, with Lebanon, China, Malaysia and Turkey experiencing the biggest rises in non-financial-sector debt.
  • FEDERAL RESERVE Here are the things that scare Jerome Powell the most about the economy right now-(workers paradise)

    11/14/2020 1:37:50 PM PST · by RomanSoldier19 · 11 replies
    https://www.cnbc.com ^ | NOV 12 20201 | Jeff Cox
    Fed Chairman Jerome Powell said he worries about the long-term impacts from the coronavirus pandemic. Specifically, he cited women out of work involuntarily, children whose education is suffering and small business owners who have lost “generations of intellectual capital.”Speaking at a European Central Bank forum Thursday, he said “we’re not going back to the same economy.” Federal Reserve Chairman Jerome Powell said Thursday he worries about women, children and business owners who face long-term consequences from the coronavirus pandemic. Asked to name his chief concerns as the world tries to recover from the Covid-19 crisis, Powell said it’s “the risk...
  • The World’s Most Bearish Hedge Fund Just Did Something It Hasn’t Done In 8 Years: Bets on inflationary assets outperforming deflationary assets

    10/17/2020 9:07:28 PM PDT · by SeekAndFind · 3 replies
    USSA News ^ | 10/17/2020 | Tyler Durden
    At the start of 2012 Horseman Global did something which virtually none of its peers dared or would dare to do: it took its formerly 100% equity net long exposure to deep net short, launching an 8 year period in which the fund would be bearish month after month on stocks, yet as the monthly P&L table below shows, it also manged to generate impressive annual returns over this same period (with the exceptions of 2016 and 2019) despite constant central bank intervention pushing stocks relentlessly higher, largely thanks to the Fund's significant bond long position. Yet after a dismal...
  • Swiss city to institute highest-ever minimum wage of over $4K a month

    10/02/2020 2:53:38 PM PDT · by nickcarraway · 17 replies
    New York Post ^ | October 2, 2020 | Hannah Frishberg
    One of the world’s richest cities is instituting a minimum wage which proponents say is only relatively sumptuous. Geneva, which by most metrics ranks in the top five for the globe’s priciest places to live, has approved a minimum wage which would be considered lavish elsewhere but is intended to just get food on the table for its poorest workers. The Swiss city voted in a two-thirds majority Sunday to introduce a minimum wage of 23 Swiss francs ($25) an hour for a 41-hour workweek, CNBC reported. That adds up to somewhere in the range of $4,100 a month, or...
  • 5 scenarios where claiming Social Security early is a terrible move

    08/24/2020 5:15:42 PM PDT · by rintintin · 99 replies
    Fox Business ^ | Aug 24 2020 | Fox Business
    As of June, the average retired worker was bringing home $1,514 a month from Social Security. This works out to all ost $18,200 a year. All things considered, this isn't very much -- but for 62% of retired workers receiving a Social Security benefit, their monthly payout will account for at least half of their income. The critical role Social Security plays during retirement for so many elderly Americans demonstrates just how important your claiming decision can be. Claiming age plays a big role in determining your Social Security payout Although there are more than a half-dozen factors that can...
  • FEDERAL RESERVE Powell Set To Deliver ‘Profoundly Consequential’ Speech, Changing How The Fed Views Inflation

    08/24/2020 5:38:19 PM PDT · by Enlightened1 · 75 replies
    CNBC ^ | 08/24/20 | Jeff Cox
    Fed Chairman Jerome Powell will speak Thursday during a virtual version of the Fed’s annual Jackson Hole, Wyoming, conference. He is expected to outline what could be the central bank’s most active efforts ever to spur inflation back to a healthy level. “Average inflation” targeting means the Fed will allow inflation to run higher than normal for a period of time. The effort will be the reverse of former Fed Chairman Paul Volcker’s rate hikes instituted to quash inflation in the 1980s. History will remember Paul Volcker and Jerome Powell as standing on the opposite ends of the inflation canyon,...
  • Historic August 2020 derecho destroyed over 1 million acres of crops, U.S.

    08/18/2020 9:58:54 AM PDT · by Roman_War_Criminal · 64 replies
    watchers.com ^ | 8/17/2020 | Teo Blaskovic
    A devastating derecho ripped through several Midwest states on August 10, 2020, leaving a path of destruction, more than 1.5 million customers without power, and more than 404 600 hectares (1 million acres) of destroyed or damaged crops. Northern Illinois University meteorology professor Victor Gensini described the event as one of the worst weather events of 2020 in the United States. The storm ripped through the heart of the Corn Belt - a region of the Midwestern United States that has dominated corn production in the country since the 1850s, with winds gusts up to 180 km/h (112 mph), causing...
  • Podcast #9: Investing in GOLD (and How to Start) with Joe Grande

    08/11/2020 5:26:16 PM PDT · by rebuildus · 8 replies
    YouTube ^ | 8/11/20 | Patrick Rooney
    Patrick Rooney, Founder of Old School™(Natural Health / Success / Freedom), interviews businessman and experienced gold investor Joe Grande about the reasons people should consider investing in gold and silver, and how to get started.
  • Hyde-Smith Introduces bill to eliminate FEMA cost share for 2020 disasters

    08/08/2020 7:16:57 PM PDT · by 11th_VA · 10 replies
    Yallpolitics.com ^ | May 21. 2020
    U.S. Senator Cindy Hyde-Smith (R-Miss.) today introduced legislation to eliminate the cost-share payments required of states and communities included in federal disaster declarations in 2020. The Local Community Emergency Relief Act of 2020 is the second Senate proposal offered this week to mitigate coronavirus-related financial burdens affecting states and cities. Not limited to the COVID-19 emergency declaration, the bill would require the Federal Emergency Management Agency (FEMA) to provide a 100 percent cost share for all federal emergency declarations and major disaster declarations during calendar year 2020. “Cities and states are incurring ongoing revenue losses related to the COVID-19 emergency,...
  • Matt Bracken: Ammunition Is Money as Communists Get Ready To Shoot Back (Video)

    08/07/2020 8:09:58 AM PDT · by Perseverando · 116 replies
    Banned Video ^ | August 6, 2020 | Matt Bracken
    Matt Bracken guest hosts The Alex Jones Show to break down the true value of stocking up on ammunition.
  • Trump says second stimulus check could be 'way higher' than $1,200

    07/30/2020 8:55:45 PM PDT · by Berlin_Freeper · 128 replies
    foxbusiness.com ^ | July 30, 2020 | Megan Henney
    President Trump suggested this week the next coronavirus relief package could include a direct cash payment for American families that's potentially higher than $1,200. "It may go higher than that actually," Trump during an interview Wednesday with ABC affiliate KMID in Texas. "I'd like to see it be very high because I love the people. I want the people to get it."