by migration | Jul 28, 2022 | Market Economy
If there’s one thing that’s able to doom the future of an incumbent President – even more than scandal – it is Inflation. President Joe Biden’s overall and economic approval numbers have reached the lowest levels of his presidency and fallen further than...
by migration | Jul 21, 2022 | Market Economy
If it made up the majority of the Labor Department’s “CPI basket”, the rate of inflation would currently be…zero. We’re talking about the ever-reliable $1.50 Costco hot dog combo, priced at $1.50 when introduced in 1985 and unchanged since then. Before Craig Jelinek...
by migration | Jul 21, 2022 | Market Economy
If it made up the majority of the Labor Department’s “CPI basket”, the rate of inflation would currently be…zero. We’re talking about the ever-reliable $1.50 Costco hot dog combo, priced at $1.50 when introduced in 1985 and unchanged since then. Before Craig Jelinek...
by migration | Jul 14, 2022 | Market Economy
With the worst first half for the stock market in 60 years now in the books, many want to know – just how unusual was it? In the graphic below, private bank and investment house Edmond de Rothschild showed not only equities had a difficult first half, but the...
by migration | Jul 7, 2022 | Market Economy
MMT, Modern Monetary Theory… is just that, a “theory”… and I believe a very flawed theory. Here is but ONE example. You can’t print money with impunity… Debt doesn’t matter until it does… It’s not just housing, fuel, food, utilities—the average transaction price of...