Tag Archives: Inflation

Venezuela Sets Price Controls on Toilet Paper, Causes Shortage

Posted on by Barry Donegan

In recent months, Venezuela’s socialist-leaning government has been systematically dismantling its own economy. First, the South American nation’s central bank began devaluing its currency, leading to massive inflation. As prices for basic necessities like food and groceries surged in response, … Continue reading

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Real Economic Data: Unemployment 22%, Inflation 9.3%, GDP Dropping

Posted on by Barry Donegan

The TV talking heads and government bureaucrats ramble incessantly about the rosy recovery Americans have allegedly been experiencing since the crash of 2007. In the real world, however, household wages have dropped for years on end, while prices have surged. … Continue reading

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Fearing Losses, Bernanke Considers Canceling QE Exit Strategy

Posted on by Barry Donegan

In a previous post, we called attention to reports that demonstrate the fact that, due to the heavy load of toxic assets recently purchased by the Federal Reserve, any effort it takes to raise interest rates will cause the private … Continue reading

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Fed Losses May Cause Crisis, Bernanke’s Colleague Warns

Posted on by Barry Donegan

In an attempt to delay the inevitable, the Federal Reserve has been experimenting with quantitative easing, a policy through which interest rates are pushed unnaturally low by monthly purchases of $85 billion worth of mortgage-backed securities and Treasuries. Meanwhile, western … Continue reading

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Gas Prices Explode, Walmart Tanks

Posted on by Barry Donegan

Corporate media outlets give off the impression that the US is in the middle of a roaring economic recovery. After all, the Dow Jones Industrial Average is pushing record levels. However, presenting this narrative requires skipping over a few details. … Continue reading

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Economic Danger Ahead? Negative GDP Growth and Soaring Stocks

Posted on by Barry Donegan

The mainstream media is doing everything in its power to downplay the fact that the US experienced negative economic growth during the last quarter of 2012. Alleged TV news experts blame this on imaginary sequestration cuts that haven’t happened yet … Continue reading

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I am the 2%!

Posted on by megan

Milk prices to rise in 2013 While taxes increase and the job market remains at a turtle’s pace, those of you who enjoy a warm glass of silk before bed can sleep peacefully, because farm fresh milk will become more … Continue reading

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Benefits Buffet: Welfare Payouts Outpace Median Worker Income

Posted on by Barry Donegan

Poverty is a serious problem. Sometimes families face circumstances that limit their income, and such misfortunes can create a domino effect, hamstringing their access to food, housing, and medical care. No one wants to see others go hungry. However, the … Continue reading

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Zimbabwean, Ngoni Chikomba, Interview Part 2

Posted on by megan

Check out part 1 here.

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Fed Chair Bernanke Pours More Fuel on Fiscal Inferno with QE3

Posted on by Barry Donegan

Earlier this week, we reported that the Federal Reserve was considering unleashing a new round of quantitative easing (QE), an esoteric, unproven central banking technique where money is created to buy existing assets from commercial banking institutions. Japan’s first experiment … Continue reading

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