Since 1996, the Federal Reserve has oriented its monetary policy around maintaining 2% inflation annually and, for the most part, U.S. inflation over the past couple of decades has typically hovered within a percentage point or two of that target but, right now, most price categories are exceeding that, some quite dramatically. Here’s how various categories of consumer spending have fared over the past 12 months:
Read More »U.S. Experiencing Highest Inflation Reading Since May 1991!
The PCE price index without food and energy - the lowest lowball inflation measure that the U.S. government releases - rose by 3.64% in September, compared to a year ago, the hottest inflation reading since May 1991.
Read More »Which Country Has the Highest Inflation In The G7: the U.S. or Canada?
Canada and the U.S. are showing significantly higher headline inflation than their peers. Initially it was sold as transitory, but that narrative is falling apart these days. Unbiased organizations are even forecasting the risk is now to the upside for Canada and the U.S..
Read More »Any Way You Look At It, U.S. Inflation Is the Hottest Since 1991!
The lowball core PCE measure of inflation rose by 3.62% compared to a year ago, the hottest inflation reading since May 1991 while the PCE price index with food and energy included jumped by 0.4% for the month (4.8% annualized), and by 4.3% from a year ago. This is the hottest PCE inflation reading since January 1991.
Read More »Elevated Inflation May Remain Longer Than Central Banks Let On
The Organization for Economic Co-operation and Development (OECD) released its 2021 summer outlook which suggests that elevated levels of inflation may stick around longer than central banks have let on.
Read More »What Is the Ultimate Inflation Hedge?
Investors who want to maintain the purchasing power of their portfolio AND their standard of living through inflationary periods will find this article to be not only fascinating, but possibly provocative.
Read More »Is the Spurt In Inflation Here To Stay?
Is the spurt of inflation the last few months likely to be sustained, or to fade?
Read More »A BIG Fire Is Needed To Get Rid Of All the Financial & Social Excesses – Here’s Why
Explosive fires always end in everything burning down or imploding eventually and this is just what is going to happen in the next few years. A massive forest fire is not just totally inevitable but is also an absolute necessity.
Read More »There Are Only Two Choices: Inflation (hyper?) Or Implosion
“I'm predicting for something close to a hyperinflationary circumstance, and effectively a collapsed economy, in early 2022.”
Read More »Sovereign Debt Bubble Collapse, Major Inflation & Higher Gold Prices Coming
With deficits growing wider each year, we believe there is a very high likelihood that the price of gold will rise in the next few years.
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