marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
inflation rate
02/10/2023
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By JD Heyes
Nearly half of all Americans doing worse under Biden according to major new survey
Joe Biden, like other Democratic presidents before him, has not implemented great economic policies and, coupled with massive Democratic spending his first two years in office, has dramatically harmed the average American worker’s financial situation. In fact, according to a major new survey, nearly half of all Americans say they are worse off thanks to […]
01/23/2023
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By Roy Green
Gold price jumps to 8-month high, eventually settles above $1,900 level
Gold prices vaulted to their highest in eight months on Jan. 17 before settling at the $1,900 level. This followed the U.S. dollar tumbling and inflation slowing down, raising hopes of lower interest rate hikes from the Federal Reserve. The U.S. gold futures contract reached $1,931.80, the yellow metal’s highest since hitting $1,935.50 on April […]
05/12/2022
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By Ethan Huff
Food inflation in the U.S. breaks 42-year record… and there’s no end in sight
The Consumer Price Index (CPI) exceeded expectations, rising by 8.3 percent in April as food inflation broke a 42-year record. Everything from meat to dairy to baby products and beyond is now up about 10.8 percent on average at grocery stores. And sadly, the situation is likely to get even worse in the coming weeks […]
02/01/2022
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By Roy Green
Omicron outbreaks, lockdowns continue to affect US supply chain, prices of goods
Omicron outbreaks are waning, but their impact on the U.S. supply chain remains jarring. The growing shipping congestion in major U.S. and Chinese ports, along with the shortage of truck drivers, is leaving Americans waiting for their goods for a longer time and with higher price tags. This was one of the key issues Brannon Howse tackled during […]
07/08/2021
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By Divina Ramirez
Inflation could be a shock to US financial system, warns economist
The coronavirus pandemic has led several countries, including the United States, to implement lockdowns and travel restrictions, creating an unprecedented economic crisis in peacetime. In particular, the pandemic has resulted in large shocks to both supply and demand, driving inflation that may come as a blow to a financial system that has been conditioned for […]
02/22/2021
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By Ramon Tomey
Economists warn $1.9 trillion Biden relief bill may trigger runaway inflation
Economists have warned that President Joe Biden’s proposed COVID-19 relief bill may trigger inflation. They pointed out that the American Rescue Plan worth $1.9 trillion, and its accompanying stimulus, may negatively impact inflation projections. The plan put forward by Biden on his first day in office aimed to help an America impacted by the Wuhan […]
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