Posts Tagged ‘Inflation’

The Devaluation of Rome: Roman Inflation and the Demise of the Empire

Inflation is a common economic phenomenon that can have a significant impact on the stability of a country’s economy and social structures. Read more Section:  News History Important Events Read Later  Source

Breitbart Business Digest: Hot Inflation Means at Least One More Fed Hike

The bottom line for next week’s meeting of the Federal Open Market Committee is another 25 basis point hike. Source

Consumers Got Whacked by Inflation, High Interest Rates, Layoff News, Asset Prices Falling from Lofty Peaks… And They’re Still Not Slowing Down

Consumer spending, adjusted for inflation and adjusted for seasonal factors ticked down by 0.3% in February, after a huge spike in January that had followed drops in December and November, and a big jump in October, according to data by the Bureau of Economic Analysis today. Source

Harvard Prof., Fmr. IMF Economist Rogoff: Fed Will ‘Leave Inflation Higher for Longer’ Due to Bank Fears

On Wednesday’s broadcast of “PBS NewsHour,” Harvard University Economics Professor and former Chief Economist at the International Monetary Fund Ken Rogoff predicted that the Federal Reserve will “leave inflation higher for longer” due to fear of endangering the banking sector despite Source

Manchin: Biden Is Breaking Law on Inflation Reduction Act, Falsely Framing it as a Green Bill

On Thursday’s broadcast of “CNN This Morning,” Sen. Joe Manchin (D-WV) accused the Biden administration of trying to “reconfigure” the Inflation Reduction Act “to something that…wasn’t in that legislation” and said the administration is “not adhering to the piece of Source

Khanna: Spending During COVID Is a Factor in Record Inflation, But We ‘Needed’ Spending ‘in Part to Get out of the Recession’

On Thursday’s broadcast of the Fox News Channel’s “America Reports,” Rep. Ro Khanna (D-CA) stated that massive spending during the coronavirus pandemic under Presidents Donald Trump and Joe Biden is a cause of the highest inflation in forty years, but Source

Egyptians lean on instalment payments to cope with inflation

Ahmed Ramadan, a 44-year-old father of three, started using instalment payment services eight months ago, after feeling the sting of high prices that have squeezed Egyptians' pockets over the last year. He used the services to buy a television, a mobile phone for his daughter and even clothes for his family, Reuters reports. "It might […]

Pet abandonment cases soar all over the world due to inflation, rising cost of living

(NaturalNews) (Natural News) The number of pet abandonment cases all over the world is soaring as inflation drives up the cost of keeping these beloved animals around and people who got pets during the Wuhan coronavirus (COVID-19) lockdown period are now resorting to abandoning them as they return to their offices.In Singapore, animal welfare … [Read […]

Many American farmers have shut down operations due to inflation

(Natural News) Inflation is still a persistent issue in the U.S. – especially for American farmers, who are about to start this year’s planting season in the next few weeks. According to a Gallup poll published on Jan. 30, 15 percent of Americans view inflation as the biggest problem facing America today – second only… […]

Greek unemployment rate fell in December, inflation fell in January

The Greek unemployment and inflation rates fell in December and January respectively. Unemployment in Greece fell to 11.6% of the workforce in December 2022 from 12.9% in December 2021. This figure remained unchanged from November 2022, the Hellenic Statistical Authority said on Wednesday. More specifically, the number of unemployed people totaled 545,372, down 9.5% from… […]

Eurozone inflation dips to 8.5%, but will interest rates go up on Thursday?

Eurozone inflation dips to 8.5%, the third monthly fall in a row. Economists suggest the key indicator may prompt the European Central Bank to raise interest rates on Thursday. Source

Inflation, subsidies and Ukraine: Germany and France meet to overcome differences

Officials are meeting on the 60th anniversary of a landmark treaty that underpins today’s European Union. Source

Curbing inflation is CBI’s main strategy: governor

TEHRAN – The new governor of the Central Bank of Iran (CBI) has said curbing inflation would be the main strategy of the bank during his tenure, IRIB reported. Source

Is There A Way To Stop Inflation Without Crushing The Economy And Killing The Dollar?

One of the most dishonest games being played in economics today is the attempt by various groups (political and financial) to deflect blame for the rise of inflation. The Biden White House and Democrats desperately want to blame Russia and the war in Ukraine, even though inflation was spiking long before the war ever started. […]

Inflation, natural disasters and food shortages expected to worsen in 2023

(Natural News) Is America in the throes of a national food security crisis? According to fourth-generation dairy farmer Stephanie Nash of Nash Family Creamery in Chapel Hill, Tenn., the country is certainly headed that way. “I definitely think we have a food security threat,” Nash, a farmer and agriculture advocate, told Fox News. “I believe… […]

Phoenix, America’s inflation capital, seeing record lines at food banks as desperate locals struggle to eat

(NaturalNews) (Natural News) The worst place in the country to live right now in terms of inflation is Phoenix, where reports indicate a record number of struggling locals are lining up at food banks just to eat.The latest figures show that Phoenix is still the hardest-hit city with a 12.1 percent inflation rate. As a […]

Christmas thrift: Austrians cut festive spending due to inflation

Faced by rising bills and prices, Austria’s Christmas shoppers are tightening their bets, according to retailers who warn of jop cuts next year. Source

Fed Blames Inflation on Americans ‘Splurging’ on Goods — Not the Trillions of Dollars They Printed

A few weeks ago, US Secretary of the Treasury Janet Yellen appeared on the Late Show With Stephen Colbert to discuss a range of issues both political and personal. Source

Greek PM Kyriakos Mitsotakis announces 10 % food subsidy for families amid inflation woes

Greek Prime Minister Kyriakos Mitsotakis on Saturday announced a 10-percent subsidy for every household’s food purchases to help counter the burden of inflation. “From next February, the state will cover 10 percent of each household’s purchases for six months in supermarkets and food businesses (bakeries, pastry shops, fishmongers),” the prime minister told parliament before a… […]

Major Economic Contraction Coming In 2023 – Followed By Even More Inflation

This article was written by Brandon Smith and originally published at Birch Gold Group The signs are already present and obvious, but the overall economic picture probably won’t be acknowledged in the mainstream until the situation becomes much worse (as if it’s not bad enough). It’s a problem that arises at the onset of every historic […]

Japan Maintains Monetary Easing Despite Inflation Reaching 40-Year High

Japan’s core consumer inflation rose 3.6 percent in October, the highest level in 40 years, driven by a weaker yen and rising import costs as the central bank kept its monetary easing policy in place. The nationwide core consumer price index (CPI), which excludes volatile fresh food items, exceeded the Bank of Japan’s (BOJ’s) 2 […]

401(k) Contribution Limit Leaps By Record Amount As Inflation Rages

BofA Chief Investment Strategist Michael Hartnett (whose latest weekly note we will dissect shortly) has a favorite saying for when critical phase (to avoid the most hated word in the world “paradigm”) shifts take place in the market, one which may be the only word a trader in this day and age needs (or rather […]

Stacey Abrams Reveals Eight More Problems Besides Inflation You Can Fix By Killing Your Kids

So, you’ve learned from Stacey Abrams that you can deal with high food and gas prices by murdering your children – but what other problems in your life could be solved by simply offing your kids? Ms. Abrams has graciously compiled a list of eight other stressors you could have off your back – with […]

China Inflation Hits 29-Month High

BEIJING -China’s consumer inflation rose to a 29-month high in September, driven mainly by pork prices. China’s central bank has been trying to bolster growth while avoiding aggressive loosening that could fan price pressures and risk outflows, as the Federal Reserve and other central banks raise interest rates to fight soaring inflation. Consumer prices rose […]

Breitbart Business Digest: What to Expect When You Are Expecting More Inflation

You might have thought that we would get a respite on bad inflation news after the hotter-than-expected prints from the producer price index and the consumer price index. You would have been wrong. The University of Michigan’s survey of consumers showed an improvement in the present situation assessment but a worsening in both the expectations […]

Horrific CPI report shows worst inflation EVER (using old methodology) ahead of midterms

(Natural News) The latest inflation numbers are out, and the situation is ugly, to say the least. The Bureau of Labor Statistics (BLS) released what one report described as “a shocking CPI print so unexpectedly hot (a 2.9-sigma upside surprise to consensus) that even the bears were shocked.” At 8:30 a.m. on Thursday, Oct. 13, […]

Bank of America warns: Inflation genie is out of the bottle

(NaturalNews) (Natural News) President Joe Biden, his administration and the Fed have been constantly assuring America that the record-breaking inflation is under control. The Bank of America (BofA) doesn’t think so.”The inflation genie is out of the bottle,” the bank wrote in a research note last week, emphasizing that it could be a long time […]

Goya Foods CEO Bob Unanue: ‘New World Order’ Using ‘Evil’ Inflation To ‘Enslave Humanity’

Goya Foods CEO Bob Unanue has warned that the ‘New World Order’ are using inflation as a means to enslave humanity and destroy America. In an interview on “Tucker Carlson Tonight,” Unanue accused the the elites […] The post Goya Foods CEO Bob Unanue: ‘New World Order’ Using ‘Evil’ Inflation To ‘Enslave Humanity’ appeared first on […]

Glenn Beck: COVID-19 pandemic is over, inflation has hardly risen – in Biden’s mind

(Natural News) President Joe Biden seemed out of touch with reality when he told “60 Minutes” host Scott Pelley that the month-to-month inflation rate has “hardly risen” in an attempt to downplay the crisis. Conservative host Glenn Beck talked about the President’s “unique” perspective about inflation and the Wuhan coronavirus (COVID-19), two issues Americans face […]

Fed rate hikes won’t tackle the corporate profiteering behind inflation, experts tell Congress

One day after the U.S. Federal Reserve imposed yet another interest rate hike, a trio of progressive political economists on Thursday told members of the House Committee on Oversight and Reform that the best way to curb rising prices—without further punishing workers by deliberately plunging the nation into a recession—is to confront the corporate profiteering […]

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