According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty years. To find a higher rate of CPI inflation,...
Inflation. Today’s inflammatory word of the day. Apparently, I’m permitted to share critical thought in this regard since I majored in Finance and Econ in college, correct? I haven’t written anything on today’s other hot topic, Ukraine. With 13 years of military...
President Biden’s “maskless” State of the Union signifies the near-end of the COVID tyranny we have lived under for the past two years. Fortunately for Congress, the President, and the Federal Reserve, the Ukraine-Russia conflict is replacing COVID as a ready-made...
The ramp-up of money-printing by the Federal Reserve Bank since the COVID pandemic began has meant, like clockwork, an increase in CPI price inflation exceeding a seven percent annual rate. Though price inflation as measured by the CPI was temporarily delayed by the...
The United States of America and economies around the world are suffering from levels of inflation unprecedented in the twenty-first century. While the origins of COVID-19 are debatable, the causes of inflation are not. They lie in undisputed human actions; actions...
Last November, the Federal Reserve System announced tapering (a gradual reduction of the central bank’s monthly asset purchases to the point of ending the asset purchase program, which means that the Fed would stop increasing its balance sheet). In December, it...
The U.S. Senate will soon vote on Federal Reserve Chairman Jerome Powell’s nomination to a second term. One of the senators opposing Powell is Elizabeth Warren. I don’t often agree with Senator Warren, but I do agree with her assessment that Powell is “dangerous.”...
According to new data released Wednesday by the Bureau of Labor Statistics, price inflation in December rose again to a new multidecade high, rising to the highest level recorded in nearly forty years. According to the Consumer Price Index for December, year-over-year...
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