From the National Inflation Association: Inflation is surely hitting the grocery store. White bread I used to buy for a $1 is now almost $2. chicken up at least $2. milk up and so on. Everything is going up but wages! I wonder what the actual breaking point is gonna be for the American people.?… Read More »
Sept. 23 (Bloomberg) — Most of us own truths too painful to confess. We drink too much. We lust inappropriately. We envy. We covet material goods, when every study shows experiences count for so much more. Confessing them, even just to ourselves in the long, dark teatime of the soul, is too distressing. The collective… Read More »
The Federal Reserve will announce it’s latest interest rate decision on Tuesday. Few are expecting the central bank to raise rates. Instead the attention, as it has been over the last year-plus, will be focused on the Federal Reserve’s wording. Will they signal another round of quantitative easing based on fears of deflation? The theme… Read More »
Jim Grant, one of the most respected voices in the financial industry, was recently interviewed on Bloomberg TV. It’s a good one to catch- “Zero Hedge and others, who see that the only choice the Federal Reserve has now that the temporary and shallow reprieve from the clutches of the deflationary depression is over, is… Read More »