looking for questions to answers that bother me so
The October Consumer Price Index (CPI) just released, showing a 0.2% increase month over month and 2.6% year over year. More concerning is the “core” inflation—excluding food and energy—up 0.3% for the month and 3.3% over the year. These numbers are a red flag, signaling inflation is sticking around longer…
Inflation is increasing less, but prices are still high. Very high. And you know where the job growth is, right? Here are some job numbers and inflation numbers. Inflation in the U.S. dropped from a 9.1% growth rate in June 2022 to 2.5% in August 2024. That may sound like…
When our leaders talk about inflation, it’s important to focus on future probabilities rather than past numbers. Past figures might make us comfortable, but they don’t help us with next month’s expenses. Especially in a rising inflation environment when it appears nothing is being done. And our leaders are not…
The debasement of currency is a practice with a long history. It refers to the act of decreasing the content of fine metal in coinage, which typically reduces its value. This practice has been employed by many governments throughout history as a method to finance public debt, especially during times…
With inflation, more money means less money in your pocket to buy the things you need. With increases in federal borrowing, then the money you have is worth less, and interest on borrowed money goes up. And the only thing going down, down, down is our standard of living. But…
The proposed stimulus bill needs to include opening up the economy to jobs, to people, to growth, to students. Heck, Governor of New York and Mayor of Chicago now see the urgency. Nothing much has really changed since the March 2020 closures and now, but Trump is gone. And the…
