Category Archives: Inflation
Refuse the Filthy Trash
What if the savings in your bank account lost 83 percent of its value over just 18 months? We suppose you’d be a little disgruntled. Unfortunately, that’s what has happened in Venezuela… “Since February 2013,” reports El Universal, “the administration … Continue reading
Janet Yellen’s Unwise and Inhumane Policies
Federal Reserve Chair Janet Yellen says the 0.4 percent May CPI increase is noise. Perhaps she is right and it is noise. But just what type of noise is it? Is it the type of noise to ignore…like a street … Continue reading
The Paradox of Fed Credit
Last Tuesday the Bureau of Labor Statistics reported the Consumer Price Index increased 0.4 percent in May and 2.1 percent over the last 12 months. That means if you didn’t get a 2 percent raise this year you’re doing worse … Continue reading
Plume Economics
Central banking, dishonest money, and big bank bailouts. Earlier this week we referred to these as a trifecta of depravity. We also noted how through the Fed’s mechanism of mass money creation financial assets – overwhelmingly owned by the wealthy … Continue reading
